Nasdaq-100 futures traded in a muted range and lagged other major indices as rising Treasury yields presented headwinds for growth stocks. The 10-Year yield reached 4.16%, while the 30-year climbed to 4.79%. Following the FOMC decision to cut rates by 25 basis points in a split 9 to 3 vote, updated projections pointed toward a soft landing with slightly stronger growth. However, markets faced uncertainty as the committee signaled potentially fewer rate cuts in the coming year.
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