Stock Market Today: Dow and S&P 500 Hover Near Records as Fed’s Hawkish December 2025 Rate Cut Rattles Futures
The Federal Reserve’s final meeting of 2025 has delivered exactly what Wall Street expected on paper – a third quarter‑point rate cut – but the message around it is anything but simple. Stocks have pushed toward fresh highs, bond yields are slipping, and index futures are flashing a more cautious tone as investors digest what many are calling a classic “hawkish cut.” On Thursday, December 11, the Dow Jones Industrial Average and S&P 500 were trading near record levels, even as futures on those same indexes pointed modestly lower earlier in the day and tech stocks lagged.1News+1 At the center