Stock futures are flat as investors await Federal Reserve update


U.S. stock index futures were little changed during early morning trading Wednesday ahead of the Federal Reserve’s update.

Futures contracts tied to the Dow Jones Industrial Average were just 9 points lower. S&P 500 futures were also largely flat, while Nasdaq 100 futures traded mildly higher.

Stocks pulled back from record levels during Tuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.

The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could…


0 0 votes
Article Rating

Lumber prices soar 275% in the pandemic, shutting out homebuilders

Previous article

Singapore Finance Minister Lawrence Wong on air travel, Covid outbreak

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Finance