Finance

Stock futures flat as investors await Fed meeting

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U.S. stock futures were flat in overnight trading as investors readied for comments from the Federal Reserve on Wednesday. 

Dow futures dipped 12 points. S&P 500 and Nasdaq 100 futures were also set to open flat, with losses of 0.02% and 0.07%, respectively.

Better-than-expected earnings from FedEx and Adobe after the bell boosted sentiment. FedEx released a blowout quarter with earnings $2.18 per share above analyst estimates, fueled by the e-commerce boom. The shipping company rallied more than 9% in extended trading. Adobe jumped 2% after hours. 

On Tuesday, the Dow closed up marginally, after gaining more than 200 points earlier in the session. Apple shares came off their highs…



Source cnbc.com

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