U.S. stocks looked set to fall in thin trading on Monday, as lingering concerns about elevated interest rates and the government’s mounting debt burden spoiled any chance of an end-of-year party for markets.
Dow Jones Industrial Average futures slipped 100 points, or 0.2%. Futures tracking the benchmark S&P 500 and contracts tied to the tech-heavy Nasdaq 100 were both down 0.3%.
Investors are still fretting that the Federal Reserve won’t cut interest rates by as much as they were hoping in 2025, with inflation still running clear of the central bank’s 2% target.