Stock market today: S&P 500, Nasdaq futures climb as Wall Street braces for Fed rate decision

Live updates

1. 22m ago

   S&P 500, Nasdaq futures climb as Fed rate decision looms

   U.S. stock futures are rising Wednesday ahead of the Federal Reserve’s first policy meeting under new leadership, with the S&P 500 and Nasdaq futures nearing record highs. Tech stocks like Tesla, Alphabet, Oracle, and Nvidia are driving gains, while oil prices remain weak. Industrials are mixed, reflecting cautious optimism ahead of the Fed’s decision.

   What's confirmed:

   • U.S. stock futures are rising as traders prepare for the Federal Reserve’s first policy meeting under new Chairman Kevin Warsh.
   • S&P 500 and Nasdaq futures are climbing toward record highs, with the Dow edging up as well.
   • Tesla, Alphabet, Oracle, and Nvidia are leading gains in tech stocks, contributing to the Nasdaq’s advance.
   • Oil prices remain weak, contrasting with the stock market’s cautious optimism.

   Still unconfirmed:

   • Markets are split between gains in industrials and losses in tech stocks.
   confidence 95%
2. 1h ago

   Wall Street futures climb ahead of Fed rate decision under Warsh

   U.S. stock futures are rising Wednesday as traders prepare for the Federal Reserve’s first policy meeting under new Chairman Kevin Warsh, with the Dow, S&P 500, and Nasdaq showing cautious optimism. Oil prices remain weak, while SpaceX continues its post-IPO rally. Markets are split between gains in industrials and losses in tech stocks.

   What's confirmed:

   • The Dow Jones Industrial Average reached new intraday and closing records on Monday, driven by a potential U.S.-Iran deal and weaker oil prices.
   • Oil prices sank again Tuesday, contributing to mixed but near-record-high finishes for major U.S. stock indexes.
   • SpaceX shares are surging in post-IPO trading, while tech stocks like Tesla and Sarepta are seeing volatility amid geopolitical tensions.
   • The S&P 500 slipped 0.6% on Tuesday but remained nearly evenly split between rising and falling stocks.
   • Wednesday’s Federal Reserve meeting marks the first under newly appointed Chairman Kevin Warsh, with no rate hike expected.
   • Nasdaq and S&P 500 futures are climbing in pre-market trading as investors brace for the Fed decision.

   Still unconfirmed:

   • U.S. Steel shares are surging ahead of the Fed decision, though no specific catalyst has been confirmed.
   • Sarepta’s decline may be linked to broader Israel-Iran tensions, but the connection remains speculative.
   confidence 92%