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Barchart
Barchart
Oleksandr Pylypenko

Stocks Set to Open Higher on Fed Rate-Cut Hopes and Earnings Optimism

December S&P 500 E-Mini futures (ESZ25) are up +0.36%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.55% this morning, pointing to a higher open on Wall Street as investors wager that a resilient economy and further rate cuts from the Federal Reserve will continue to underpin corporate earnings.

However, gains in equity futures are limited as the U.S. government shutdown extends into another week. Higher bond yields today are also limiting gains in stock index futures.

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