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The Breakfast Briefing: US Futures Edge Higher Ahead Of Fed Rate Decision; Political Turmoil Fester
FYI: The Federal Open Market Committee will begin the second and final day of its September monetary policy gathering Wednesday, with analysts expecting the Fed to announce a quarter-point rate hike when it concludes its meeting.
U.S. stock index futures posted slight gains ahead of Wednesday's open.
Around 4:45 a.m. ET, Dow futures rose 43 points, indicating a positive open of 45.79 points. Futures on the S&P 500 were indicating a positive open of 6.99 points, while Nasdaq futures signaled an open of 32.56 points up.
The moves in U.S. futures came after Wall Street closed Tuesday's session lower, as investor sentiment was rattled by political news.
Tensions remain high in the ongoing U.S.-China trade row. During a speech to the United Nations General Assembly on Tuesday, President Donald Trump defended his administration's stance on trade, telling international leaders that the U.S. would no longer endure "such abuse," but act in its "national interest" when it feels like it's being duped. Regards, Ted
