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U.S. stock futures steady after gains supported by rate-cut bets

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U.S. stock futures held steady on Tuesday evening after Wall Street closed slightly higher, supported by growing confidence that the Federal Reserve will cut interest rates at its December 9–10 meeting, along with a rebound in cryptocurrency prices led by Bitcoin. S&P 500 futures rose about 0.1% to 6,849 points, Nasdaq 100 futures gained the same percentage to around 25,639.75 points, while Dow Jones futures advanced 0.2% to 47,614 points.

U.S. indices had ended the previous session in positive territory, with the Dow Jones up 0.4%, the S&P 500 rising 0.3%, and the Nasdaq gaining 0.6%. Investor expectations of a 25-basis-point rate cut by the Fed have increased, with the probability estimated at roughly 89% according to the CME FedWatch tool. Attention now turns to Wednesday’s ADP private-sector employment report, while markets await Friday’s release of the Personal Consumption Expenditures (PCE) Price Index the Fed’s preferred inflation gauge along with personal income and spending data, all of which could significantly influence monetary-policy expectations.

At the same time, the recovery in the digital asset market improved risk sentiment, as Bitcoin climbed back into the mid-$90,000 range, boosting related tech and crypto-linked stocks and contributing to broader gains across Wall Street.

Boeing shares jumped about 10% after the company projected that free cash flow will turn positive in 2026, in addition to securing a $104.4 million U.S. Navy contract for aircraft display maintenance. Marvell Technology shares also rose around 10% in after-hours trading following its announcement that it will acquire Celestial AI for $3.25 billion a major expansion into optical-interconnect technology for AI data centers. Meanwhile, Dell shares advanced after President Donald Trump praised the Dell family for a significant charitable contribution.

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