US stock futures were lower on the first trading day of December, with caution dominating markets ahead of several key economic releases this week and next week’s FOMC decision. Market pricing currently assigns a high probability to another interest rate cut.
- Dow Jones futures were slipping, down 0.4%.
The slight dip in futures suggests a cautious start to the month for the Dow Jones. Market participants may be holding back ahead of pending economic data and the Federal Reserve’s upcoming decision on interest rates, all of which could influence the market’s direction.