Stock Market Today: Dow, Nasdaq Futures Rise As Fed's 2-Day Meet Begins Today—Ares Management, Nvidia, Paramount In Focus

18 hours ago

U.S. stock futures swung between gains and losses on Tuesday after Monday’s declines. Futures of major benchmark indices were up.

The Federal Open Market Committee’s two-day meeting begins today, with investors eyeing a rate cut decision tomorrow.

Meanwhile, the 10-year Treasury bond yielded 4.15% and the two-year bond was at 3.58%. The CME Group's FedWatch tool‘s projections show markets pricing an 89.4% likelihood of the Federal Reserve cutting the current interest rates during its December meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.063% at $684.06, while the QQQ advanced 0.016% to $624.38, according to Benzinga Pro data.

Transcript

00:00all right futures hovering around flattish here today s&p futures are actually up 0.05 percent

00:14but again basically near flat dow futures up 0.02 percent same deal near flat and the nasdaq down

00:220.01 percent so all three major indices dancing around the even line there at unchanged ahead of

00:31the open here today now next let's go ahead and take a look at some cues from last session

00:36information technology stocks bucked the overall market trend to close higher on monday

00:42while communication services materials and consumer discretionary shares recorded the biggest losses

00:49uh the federal open market committee's two-day meeting begins today with investors eyeing a

00:57rate cut decision tomorrow we are anticipating that they are going to cut rates the fomc or the cme watch

01:04tool i beg your pardon is showing us a rate cut being priced in and we suspect that the market has

01:10that priced in the only surprise here is if we don't get a cut likely to see a sell-off we'll see

01:16if we get a sell the news on a cut the 10-year treasury bond yielded 4.15 percent and the two-year

01:22bond was at 3.58 percent we do have several stocks in focus for you here today first one is going to

01:29be aris management that's ticker a-r-e-s and it jumped 8.71 percent following the announcement of

01:36its inclusion into the s&p 500 index effective december 11th the next stock on our list is nvidia

01:43that rose 1.57 percent intel advanced 0.62 percent and advanced micro devices gained 1.11 percent after

01:53president trump confirmed on social media that nvidia will be allowed to ship its h200 chips

01:58to approved customers in china and other countries we're going to dive into this in a little bit more

02:05detail here in a sec the key takeaway here is that these are not the blackwell chips so these are not

02:10the very high end chips it's a step beneath that the next stock on our list here is going to be toll

02:17brothers that's ticker t-o-l that dropped 3.49 percent after reporting mixed financial results for

02:24the fourth quarter of fiscal 2025 the next stock on our list is going to be tesla tesla declined by 0.94

02:32percent after morgan stanley downgraded it to equal equal weight citing a high valuation

02:38the last stock on our list has been the subject of a back and forth for what feels like a few weeks

02:45now paramount skydance or pick or ticker p-s-k-y that was up 1.72 percent after it launched an all-cash

02:54tender offer to acquire warner brothers discovery ticker wbd for 30 dollars per share valuing the company

03:01at 108.4 billion this bid outbids netflix's recent offer and again we'll dive into that a little bit

03:10more as well

Stock Market Today: Dow, Nasdaq Futures Rise As Fed's 2-Day Meet Begins Today—Ares Management, Nvidia, Paramount In Focus

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