FOMC Preview: Nasdaq, S&P 500 Futures Edge Higher As Traders Bet On Fed Pause
  • 7 months ago
Trading in stock futures reflects the cautious sentiment of traders as they await a key rate decision from the Federal Reserve, which is widely expected to deliver a hawkish pause. Stocks could tread water until the rate decision and a pause, in line with expectations, could jumpstart a rally. The dot-plot curve, which is released along with the summary of economic projections and the tone of Fed Chair Jerome Powell at the press conference, could set the tempo for the rest of the session.