Looming Fed Rate Decision Stifles US Equity Futures Pre-Bell

MT Newswires Live12-10

US equity futures were little changed pre-bell Wednesday as traders stayed on the sidelines ahead of the Federal Reserve's interest rate decision.

Dow Jones Industrial Average futures were 0.1% lower, S&P 500 futures were down 0.1%, and Nasdaq futures were 0.2% lower.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.2% at $62.08 per barrel and US West Texas Intermediate crude 0.3% higher at $58.44 per barrel.

The Federal Open Market Committee is set to release a policy statement at the conclusion of its two-day meeting at 2 pm ET.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment