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Stock Futures Decline as Investors Prepare for the Opening of the Fed Policy Meeting

Stock futures fell Tuesday as investors awaited the start of the Federal Reserve’s June policy meeting.

The Dow Jones Industrial Average futures fell 156 points, or 0.4%. The S&P 500 and Nasdaq 100 futures both fell about 0.3%. These moves come after a quiet but notable day on Wall Street.

The S&P 500 and Nasdaq Composite gained little to fresh highs, while the Dow edged up by roughly 0.2%.

This comes as traders prepare for the Fed’s two-day policy meeting, which starts on Tuesday.

The meeting will end on Wednesday with an interest rate decision and a press conference featuring Federal Reserve Chair Jerome Powell.

Source (CNBC)

SourceCNBC
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