Stock futures tick lower as investors await Federal Reserve’s interest rate decision: Live updates

Published On Jan 28, 2025, 6:03 PM

Stock futures are slightly down as investors await the Federal Reserve's interest rate decision, which is set for Wednesday. Futures for major averages, including the Dow, Nasdaq 100, and S&P 500, are all trending lower. Tech stocks had a strong recovery on Tuesday, particularly Nvidia, which rebounded nearly 9% after suffering significant losses the previous day. The consensus is that the Fed will keep interest rates steady, which is generally viewed as positive for the markets. Investors will be closely monitoring Fed Chair Jerome Powell's comments following the decision.