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U.S. Futures Drop as Rate Hike Speculations Rise

12/1/2025

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Story summary
  • U.S. stock futures fell ahead of key data, with S&P 500 futures down 0.8% and Nasdaq 100 futures down 1%.
  • Bank of Japan Governor Kazuo Ueda hinted at a rate hike, with markets pricing a 64% chance of an increase at the December 19 meeting.
  • In the United States, fresh consumer spending data and delayed indicators will shape expectations for a Federal Reserve rate cut.