📈 US Futures Signal Green Open as Rate-Cut Hopes Rise
Market Outlook – Focus for European & Middle East Traders
US stock futures are moving higher this Wednesday, extending the momentum from yesterday’s strong rally. Optimism is building as expectations for a December Fed rate cut climb above 80%, supported by softer economic data and dovish commentary from Fed officials.
Investor sentiment improved further after reports suggested Kevin Hassett is the frontrunner for the next Fed Chair — a pick seen as supportive of lower interest rates, fueling appetite for equities.
🔹 Tech Mega-Caps Lead Premarket Moves
Alphabet +1.9% 🚀
Microsoft +0.6%
Apple +0.4%
Amazon +0.7%
Meta +0.6%
Tesla +0.8%
Nvidia -1% after recent declines
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