Stock Market Update
21-Nov-25 08:30 ET
Futures point to higher open amid rate-cut odds boost
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +34.00. Nasdaq futures vs fair value: +135.00.
The S&P 500 futures currently trade 34 points above fair value.
Futures were boosted following commentary from New York Fed President John Williams (voting FOMC member), in which Mr. Williams expressed he still sees a path to additional easing from the Fed in the near term.
The CME FedWatch Tool was assigning a 41.4% probability to a 25-basis point rate cut at the December FOMC meeting before the comments, which now stands at 70.9%, up from 39.1% yesterday.
