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Stock Futures Rise as Wall Street Anticipates Key Fed Rate Decision
Stocks looked set to open a touch higher, with investors pondering what the Federal Reserve will do with interest rates on Wednesday and beyond.
Futures tracking the Dow Jones Industrial Average climbed 17 points, or less than 0.1%. S&P 500 futures and contracts tied to the tech-heavy Nasdaq 100 both gained 0.1%.
The three major indexes all slipped on Monday, with the S&P 500 moving within striking distance of a record high before losing steam. Investors seem wary of making any major moves, ahead of the looming Fed policy decision, as well as earnings from software developer Oracle and chip maker Broadcom later this week that will give the market a better sense of how demand for artificial intelligence is holding up.
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