Futures dow held steady at 38

Futures Dow held steady at 38,430, with traders awaiting U.S. housing market data. Futures market depth remains solid, indicating healthy liquidity for large institutional block trades. For more than a century, no asset class has come close to matching the annualized return of stocks. This year, we've witnessed the broad-based S&P 500 (SNPINDEX: ^GSPC) , ageless Dow Jones Industrial Average (DJINDICES: ^DJI) , and innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) explode to multiple record-closing highs. Stocks rallied as the lack of a jobs report because of the government shutdown increased bets that the data released so far may be enough for the Federal Reserve to cut interest rates again this month. Futures Dow slipped 0.07% to 38,380 as traders reassess rate cut probabilities. Macro strategists indicate that bond yield movements are influencing futures positioning, with institutional players watching Fed speakers closely for policy clues.