Market

Anticipation Builds as Markets Await Crucial Fed Rate Decision

On Monday, US stock futures exhibited minimal movement as investors eagerly anticipated the upcoming Federal Reserve meeting, where an interest rate cut is widely anticipated.

The Fed's two-day policy meeting, commencing on Tuesday, is expected to announce a quarter-percentage-point rate cut.

As of 4:30 am ET, the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 futures remained unchanged. Meanwhile, in currency markets, the euro strengthened by 0.14% against the dollar at 4:29 am ET, trading at $1.05123.