Wall Street more bullish on 2026 outlook if Fed cuts rates

US stock futures (ES=F, NQ=F, YM=F) are ticking lower as investors anticipate Federal Reserve officials to vote to cut interest rates at their December FOMC meeting on Wednesday; the announcement will be followed by a press conference with Fed Chair Jerome Powell. Yahoo Finance senior reporter Brooke DiPalma breaks down several notes from major Wall Street firms as they lay out their S&P 500 (^GSPC) forecasts. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.