North American Morning Briefing : Stock Futures Muted Ahead of Fed Minutes

OPENING CALL Stock futures were steady on Tuesday in quiet holiday trading and ahead of the Federal Reserve’s meeting minutes expected later in the day. “It’s a quiet news day today, and we expect market movements to be relatively stable,” XTB said. Investors are now awaiting the Fed meeting minutes as they look for clues on when and by how much interest rates could be cut next year. The Fed cut rates by 25 basis points for the third time in a row at its last meeting, though policymakers were divided, with two favoring unchanged rates and one preferring a…