Futures indices nasdaq futures saw a pre-market uptick

Nasdaq futures saw a pre-market uptick driven by AI-related stock rallies. The ripple effect could maintain bid pressure on futures indices throughout the session. This trend, often boosted by a “Santa Claus Rally” in December, underscores a period of historical strength that the market is just now entering. The chart tracking three-month returns clearly shows the October-to-December period as the peak performer across all measured timeframes. Meanwhile, U.S. rate futures have priced in a 97.8% chance of a 25 basis point rate cut at October’s monetary policy meeting. S&P 500 futures remain steady despite a pullback in Treasury yields. Traders are also cautious ahead of jobless claim numbers, which historically have swayed futures sentiment.