US stock futures showed little movement after Tuesday’s mixed session, when the Dow fell 0.38% and the S&P 500 slipped 0.09%, while the Nasdaq rose 0.13% on gains in Tesla, Broadcom, and Alphabet. 

With corporate bonds and equities looking stretched, flows have shifted toward higher-yielding segments such as high-yield credit, emerging-market debt, private credit, and catastrophe bonds in an effort to sustain returns.

Political uncertainty has added another layer. Donald Trump said a decision on the next Fed chair is close, with Kevin Hassett widely viewed as the frontrunner, though Kevin Warsh and other candidates remain under consideration. A final announcement may come in early 2026, with some advisers floating the idea of a shorter, modified term for Hassett.

Check out today's market analysis for more!