FX.co ★ U.S. Stock Futures Edge Lower Ahead of Holiday-Shortened Session

Futures tied to U.S. equities experienced a slight dip on Wednesday following the S&P 500's record-setting close on Tuesday, marking a four-day winning streak. Even with economic data surpassing expectations, market participants continued to anticipate Federal Reserve interest rate reductions next year. In the third quarter of 2025, the U.S. economy recorded a 4.3% year-over-year growth rate, the most rapid expansion in two years, driven by increased consumer spending, exports, and government expenditure. National Economic Council Director Kevin Hassett remarked on Tuesday that the Federal Reserve is not adjusting policy swiftly enough, citing the growth-supportive but inflation-cooling effects of the artificial intelligence surge. Technology stocks yet again led the charge, with Nvidia advancing 3% to spearhead gains in the Dow, Broadcom rising 2.3%, and Amazon edging up by 1.6%. Meanwhile, Tesla declined by 0.7% to settle at $485, despite having briefly reached an all-time high close to $500. The New York Stock Exchange will observe an early closure at 1 p.m. ET today in observance of Christmas Eve and will remain closed on Thursday for Christmas Day.