Fed's Economic Views and Projections In Focus Amid Widely Expected Rate Cut

Barry Adams
10 Dec, 2025
New York City

U.S. stock indexes traded in a tight range ahead of the scheduled Fed's rate decisions later today.

The S&P 500 index decreased 0.1%, the tech-heavy Nasdaq Composite inched up a fraction, and the yield on 10-year U.S. Treasury bonds inched higher to 4.21% amid a deepening global bond market sell-off.  

Bonds traded lower as traders dialed down expectations for 2026 rate cuts to two, as policymakers battled to balance inflation and job market expansion amid delayed data releases. 

Traders stayed on the sidelines amid unresolved trade policy issues, elevated youth unemployment levels, resurgent food price inflation, and geopolitical uncertainties linked to Russia, Venezuela, and China. 

Moreover, U.S. monetary policy uncertainty and AI bubble worries kept market sentiment in check. 

As the 2025 year-end approaches, investors are worried that the tech sector rally may hit a wall, as returns on data center investments may lag expectations.  

 

U.S. Movers 

Braze Inc. soared 15% to $35.20 after the developer of a customer engagement platform reported better-than-expected revenue in the fiscal third quarter. 

AeroVironment Inc. dropped 4% to $270.0, and the drone maker's fiscal second-quarter earnings fell short of market expectations. 

GameStop Corp. dropped 5.7% to $21.78, and the video game retailer and meme stock reported weaker-than-expected revenue and adjusted earnings in the fiscal third quarter. 

Cracker Barrel Old Country Store Inc. decreased 4% to $26.08, and the casual restaurant chain operator reported weaker-than-expected revenue and a narrower-than-estimated adjusted loss in the fiscal first quarter. 

GE Vernova Inc. soared 10.2% to $688.75 after the renewable energy equipment maker said its 2025 revenue is inching towards the upper end of its estimated range. 

Moreover, the company hiked its quarterly dividend to 50 cents a share from 25 cents per share.