"Traders Anticipate Continued Momentum in S&P 500 Futures: Live Updates"

S&P 500 futures were little changed as investors aimed to extend November's rally, with futures tied to the broad-market index inching lower. In after-hours trading, Cisco Systems dropped 11% after offering weak guidance, while Palo Alto Networks shed 5% due to a dismal forecast. The recent inflation data suggests the Federal Reserve may halt interest rate hikes, contributing to the market's positive sentiment. Hong Kong's Hang Seng index fell 1.81% after a previous session of gains. UBS expects the Fed to cut interest rates by 275 basis points next year. The U.S. and China have agreed to resume high-level military communication, with President Biden stating the need to ensure competition does not escalate into conflict. The major indexes are on track to finish the week higher, and Deutsche Bank warns that mega-cap banks could face challenges as rates fall. Goldman Sachs has released its official 2024 outlook.