US Futures Steady as November Draws to a Close
2025-11-28 00:25
By
Jam Kaimo Samonte
1 min. read
US stock futures held steady on Friday ahead of the final trading session of November, with all three major averages on track to finish the month lower.
The Dow and S&P 500 were down slightly by 0.29% and 0.4%, respectively, month-to-date, while the tech-heavy Nasdaq Composite fell 2.15%.
A pullback in technology shares pressured Wall Street through November amid worries about stretched AI valuations and uncertainty over the Federal Reserve’s policy path.
However, dip buyers stepped in towards the end of the month as soft US economic data and dovish signals from policymakers boosted expectations for additional Fed rate cuts.
Markets are now pricing in about an 87% chance of a 25 basis point cut in December, with three more reductions anticipated next year.
The stock market was closed on Thursday for Thanksgiving Day and will shut early at 1 p.m.
on Friday.