FX.co ★ US Stocks Set to Rebound

U.S. stock futures experienced modest gains on Tuesday. Futures for the S&P 500 and Nasdaq 100 saw increases of 0.2%, while Dow Jones futures rose by approximately 10 points, signaling a potential recovery from Monday's declines. The apprehensive sentiment that pervaded the previous trading session has somewhat dissipated, partly due to a revival in the Japanese bond market. Investors are now turning their attention to a series of key economic reports slated for release this week, among them the September Personal Consumption Expenditures (PCE) report. These data releases come ahead of next week's Federal Open Market Committee (FOMC) meeting, where there is a strong expectation for the Federal Reserve to cut the federal funds rate by 25 basis points, with market probabilities of such a decision estimated at around 87%. In premarket activity, there were varied performances among large-cap stocks: Nvidia rose by 0.7%, Alphabet by 0.4%, Amazon by 0.9%, Meta by 0.6%, Broadcom by 1%, and Tesla by 0.3%, while Apple dipped slightly with a 0.1% decline and Microsoft remained largely unchanged.