Stock Market: Will S&P 500 Open Up or Down Today?
U.S. stock futures are trending higher early Thursday as investors digest the Federal Reserve’s 25-basis-point rate hike and a hawkish outlook, alongside escalating global tensions. The Polymarket (CRYPTO: POL) crowd is heavily bullish for the Sept. 17 trading session. The “S&P 500 (SPX) Up or Down on September 17?” contract currently reflects an 80% chance of a higher open. Why That Number Matters Traders are navigating post-Fed market reactions alongside persistent geopolitical pressures: Positive Index Futures: Equity futures are pointing to a green open across major benchmarks. Dow Jones futures rose 0.56%. S&P 500 futures advanced 0.52%. Nasdaq 100 futures gained 0.58%, and Russell 2000 futures ticked up 0.50%. The Fed’s Hawkish Hike & Iran’s Response: The Federal Reserve delivered a 25-basis-point rate hike to a target range of 3.75%-4.00% on Wednesday. Fed Chair Kevin Warsh ‘s press conference conveyed a hawkish tone prioritizing price stability, while Fed projections point to one more 25-basis-point hike this year, followed by rates remaining at that level through 2027. In response, Iran’s Parliament Speaker Mohammad Bagher Ghalibaf mocked the decision, stating, “you can’t
S. stock futures are trending higher early Thursday as investors digest the Federal Reserve’s 25-basis-point rate hike and a hawkish outlook, alongside escalating global tensions. The Polymarket (CRYPTO: POL) crowd is heavily bullish for the Sept. 17 trading session.
” contract currently reflects an 80% chance of a higher open. Why That Number Matters Traders are navigating post-Fed market reactions alongside persistent geopolitical pressures: Positive Index Futures: Equity futures are pointing to a green open across major benchmarks. 56%. 52%.
50%. 00% on Wednesday. Fed Chair Kevin Warsh ‘s press conference conveyed a hawkish tone prioritizing price stability, while Fed projections point to one more 25-basis-point hike this year, followed by rates remaining at that level through 2027. ” He argued that Tehran sets the real risk premium via the Strait of Hormuz.
93. S. of “naked double standards” regarding AI distillation. This sets a tense backdrop ahead of an expected meeting between President Donald Trump and Chinese President Xi Jinping.
Earnings & Eco Data: Thursday’s earnings docket includes reports from VinFast Auto Ltd. (NASDAQ: VFS ), and Hub Group Inc. (NASDAQ: HUBG ). On the economic front, initial jobless claims, August’s pending home sales, and housing starts will be released today.
The Bear Case and Market Outlook BlackRock Chief Investment Officer Rick Rieder warned that the $40 trillion national debt is a mounting fiscal burden. S. ” Rieder noted that higher real rates are creating systemic friction and rollover financing risks for leverage-dependent sectors. However, after the 10-year Treasury yield recently climbed above 5% to a 19-year high, he highlighted a rare entry point for fixed-income buyers.
He observed that 95% of the time yields reach this level, it historically presents a very favorable forward investment environment. How the Previous Bet Played Out The Sept. 16 Polymarket contract resolved “Down,” recording $55,831 in total trading volume. On Wednesday, the SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 and Nasdaq-100, respectively, closed mixed.
72. 22. Read Also: Elon Musk Says SPCX's Starship Could Deliver Up to 10 Million Tons to Orbit Every Year Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Photo courtesy: Shutterstock