12.09.202512:54:36UTC+00US Futures Cautious

US futures remained relatively stable on Friday, as traders took a breather following record-breaking gains by the three major indexes in the previous session. A Consumer Price Index (CPI) report aligning closely with expectations bolstered the belief that the Federal Reserve has sufficient leeway to implement further rate cuts this year. This is anticipated to begin with an expected 25-basis-point reduction in the federal funds rate next week. Traders are forecasting a total of two to three quarter-point cuts by the end of the year, with some speculating about a potential larger half-point cut next week. The day's schedule is sparse, featuring only preliminary September estimates for the University of Michigan’s consumer sentiment survey. During premarket trading, the performance of large-cap stocks was mixed: Nvidia rose by 0.2%, Microsoft by 1.3%, Broadcom by 0.4%, and Alphabet by 0.4%, while Amazon and Meta showed little change and Apple saw a decline of 0.5%. Meanwhile, Super Micro Computer surged by over 6% in premarket trading, following the announcement of its new Nvidia Blackwell Ultra solutions.