Fed Rate Cut Looms: Dow Futures Dip, Treasury Yields Slide as Markets Brace for Impact

Wall Street holds its breath as the Federal Reserve prepares to slash rates—sending futures lower and Treasury yields tumbling.

Market Jitters Ahead of the Cut

Traders aren’t waiting around—stock futures are ticking down while bond markets signal caution. Yields dip as investors position for cheaper money and potential volatility.

The Fed’s Next Move

Another cut? No surprise there—the Fed’s been playing the same tune all year. Wall Street’s already priced it in, but that won’t stop the usual overreaction once the news drops.

Because nothing says 'healthy economy' like depending on the Fed to keep cutting rates just to keep the party going.

KEY TAKEAWAYS

• StubHub has raised $800 million from its initial public offering after pricing the deal at the midpoint of a marketed range, as the online ticketing reseller succeeds in its third attempt at going public.
• The company sold 34 million shares for $23.50 each after setting a price range at between $22 and $25 apiece, valuing the online ticket reseller at around $8.8 billion.
• StubHub's deal is coming to a booming IPO market, with recent listings including share sales by BNPL firm Klarna and Gemini, the crypto exchange owned by the Winklevoss twins.

StubHub has raised $800 million from its initial public offering after pricing the deal at the midpoint of a marketed range, as the online ticketing reseller succeeds in its third attempt at going public.

The company sold 34 million shares for $23.50 each after setting a price range at between $22 and $25 apiece. The pricing values StubHub at around $8.8 billion, based on in its Form S-1 filing where it disclosed it WOULD have 373 million shares outstanding after the IPO, assuming an overallotment option is fully exercised.

The San Francisco-based company co-founded by CEO Eric Baker said it plans to start trading Wednesday on the New York Stock Exchange under the symbol “STUB.”

StubHub’s last attempt to go public was in April, before President Donald Trump’s “Liberation Day” tariffs roiled markets and led the online ticketing platform to pull its listing plan along with others like Klarna (KLAR), which went public earlier this month. The IPO market has since picked up, with funds raised so far in 2025 already the most since 2021, a record year.

The track record of recent listings has been less buoyant, however, than a few months ago, when shares of design software platform Figma (FIG) more than tripled on their debut.  Shares of buy now, pay later firm Klarna and those in the crypto exchange owned by the Winklevoss twins, Gemini (GEMI), rose around 15% on their market debuts this month.