Finance

Stock futures are flat as investors await Federal Reserve update

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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…



Source cnbc.com

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