Stock Market Today: Nasdaq, S&P 500 Futures Gain As Investors Await Fed Decision—GameStop, GE Vernova, Adobe, Oracle In Focus
U.S. stock futures advanced on Wednesday after Tuesday’s mixed close. Futures of major benchmark indices were higher.The Federal Open Market Committee‘s two-day meeting ends today, with investors eyeing a rate cut decision and Fed Chair Jerome Powell‘s speech in the afternoon.Meanwhile, the 10-year Treasury bond yielded 4.20% and the two-year bond was at 3.62%. The CME Group's FedWatch tool‘s projections show markets pricing an 89.9% likelihood of the Federal Reserve cutting the current interest rates later ...