U.S. Treasury Secretary Scott Bessent predicts 3% U.S. GDP growth for 2025. The Federal Reserve will decide on lowering interest rates one final time for the year on Wednesday. The University of Michigan’s consumer sentiment survey showed a 53.3 reading, up 4.5 percentage points from November but down 28 points year over year.

There’s no big earnings news yet this morning, but later we’ll get an update from Toll Brothers on its Q4 earnings. Analysts are looking for earnings of $4.88 per share on $3.3 billion in quarterly sales. Tuesday will see earnings from AutoZone and Campbell’s, followed by tech earnings news from Oracle, Adobe, and Synopsys on Wednesday.

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Read more at Yahoo Finance: GDP Growth Forecasts Lift S&P 500 (VOO) Monday