
December S&P 500 E-Mini futures (ESZ25) are down -0.01%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.05% this morning as investors refrain from making big bets ahead of the Federal Reserve’s final interest rate decision of the year, with all eyes on the central bank’s outlook for interest rates in 2026.
Higher bond yields today are weighing on stock index futures. The 10-year T-note yield rose two basis points to 4.20%, extending its advance as investors grew more cautious about the pace of rate cuts next year.