Focus is on ISM Services PMI and JOLTS job openings, with jobless claims and the December employment report due later in the week. While some Fed officials have signaled openness to rate cuts, pricing still leans toward no immediate policy change.

U.S. equity futures were mostly flat after Tuesday’s strong close, which saw both the Dow and S&P 500 reach fresh record highs, while the Nasdaq also advanced. Gains were broad-based, led by materials and healthcare, with semiconductor and data storage stocks outperforming. 

The U.S. 10-year Treasury yield held near 4.17%, just below last week’s four-month peak. Markets balanced developments linked to Venezuela with incoming economic signals, as recent data showed softer momentum across manufacturing and services. 

Take a look at our daily analysis to see what the markets have been up to!