2025.11.1808:02:12UTC+00U.S. Futures Signal Lower Wall Street Open

U.S. stock futures experienced a significant decline on Tuesday, in line with a global selloff as investors became cautious ahead of Nvidia’s upcoming earnings report and an important U.S. jobs report. The prospect of interest rate cuts remains uncertain, as Federal Reserve officials have presented mixed messages. Fed Vice Chair Philip Jefferson highlighted increasing downside risks to the labor market and recommended a cautious approach to policy. Conversely, Governor Christopher Waller supported a rate cut in December, pointing to weak employment data. Current market projections estimate a 40% likelihood of a rate cut next month.

On the corporate scene, Apple witnessed a substantial 37% monthly increase in smartphone sales within China, driven by the iPhone 17 series, signaling strong performance in this vital market. Concurrently, Amazon successfully raised $15 billion through its first U.S. dollar bond issuance in three years, participating in a series of large-scale tech debt deals.