Global Markets Mixed as Bets on December Rate Cut Rise

2025-11-25 09:31

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Global Markets Mixed as Bets on December Rate Cut Rise

By Dow Jones Newswires StaffShareResizeListen(2 min)U.S. economic data was due Tuesday that could influence expectations for the Federal Reserve’s December meeting. Elizabeth Frantz/ReutersU.S. stock ...

Dow Jones Newswires Staff

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The words "FEDERAL RESERVE" carved into the white marble of a building above an ornate black metal doorway.

U.S. economic data was due Tuesday that could influence expectations for the Federal Reserve’s December meeting. Elizabeth Frantz/Reuters

U.S. stock futures were flat early in European business hours Tuesday and international equities were mixed amid further signs of returning calm after last week’s volatility. Broad gains in tech stocks contributed to a higher close on Wall Street in the prior session, alongside growing bets on a December rate cut from the U.S. Federal Reserve. The Nasdaq Composite Index ended up 2.7%, its biggest intraday gain since the spring, as concerns about frothy valuations amid the artificial-intelligence boom eased further.

The U.S. dollar and Treasury yields were steady ahead of U.S. economic data, while bitcoin continued to slip.