US Stock Market Today: Futures Stall Near Record Highs as Fed Rate‑Cut Bets Build – What to Know Before the Bell (Dec. 4, 2025)
U.S. stock futures are catching their breath this Thursday morning after a powerful run that’s pushed the major indexes back toward record territory. Traders are digesting surprisingly strong labor data, fresh earnings from key consumer names, and near‑certain expectations of a Federal Reserve rate cut next week – all before the opening bell on December 4, 2025. Reuters+1 Here’s a concise, investor‑friendly rundown of what matters most for the U.S. market before trading starts today. Futures Hint at a Quiet Open After a Big Run As of early Thursday, U.S. equity futures were essentially flat to slightly higher: This comes after seven gains in the past eight