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Zenger
Zenger
Business
Shanthi Rexaline

US Stock Futures Signal Shaky Open On Mixed Tech Earnings: Analyst Expects Fed To Adopt ‘Wait-And-See’ Rate Approach

Trading in U.S. stock futures indicates a modestly negative start on Wednesday, as investors react to tech earnings and await the Federal Reserve rate decision. MICHAEL M. SANTIAGO/GETTY IMAGES 

Trading in U.S. stock futures indicates a modestly negative start on Wednesday, as investors react to tech earnings and await the Federal Reserve rate decision. 

Historically, the market has traded higher immediately after the announcement of a monetary policy decision but later dipped during Fed Chair Jerome Powell’s press conference. Any hint of a hawkish stance from Powell could further impact market sentiment on a day when earnings may not provide strong support.

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