U.S. stock futures were fluctuating on Wednesday following Tuesday’s advance. Futures of major benchmark indices were mixed.
President Donald Trump hinted that he expects to lower fentanyl-linked tariffs on China, a potential major concession ahead of a high-stakes meeting with Chinese President Xi Jinping in South Korea this week.
Investors await the Federal Reserve Open Market Committee decision to cut interest rates by 25 basis points on Wednesday afternoon. The CME Group's FedWatch tool’s projections show markets pricing a 99.9% likelihood of the Federal Reserve cutting the current interest rates later today.
Be the first to comment