Morning Market Preview — December 30, 2025
U.S. futures are modestly higher as markets trade through thin year-end conditions. Treasury yields are stable, leadership remains narrow, and large-cap technology continues to anchor positioning as flows—not headlines—drive the tape.
Market Setup
U.S. equity futures are modestly higher this morning as markets move deeper into year-end trading. Liquidity remains thin, keeping price action driven more by positioning and portfolio adjustments than by fresh catalysts.
Macro & Rates
Treasury yields are stable, continuing to provide a supportive backdrop for risk assets. With no major economic data scheduled, rates are acting as an anchor rather than a driver.
Equities
Leadership remains concentrated in large-cap technology, while broader participation is mixed. Investors continue to favor balance-sheet strength and liquidity as year-end approaches.
Global Markets
Overnight markets were mixed across Asia and Europe, reflecting subdued volumes and limited macro developments during the final trading days of the year.
What to Watch Today
• Liquidity-driven volatility
• Continued megacap leadership
• Any exaggerated moves tied to year-end positioning
Want the full picture?
Today’s Daily Market Recap includes deeper macro context, biotech movers, and actionable takeaways — available to paid members only.
👉 Subscribe to Market Clarity to get full daily recaps delivered every eveni
