U.S. Stock Futures Steady Ahead of Fed Decision Amid Crypto Market Watch
U.S. stock futures held steady Tuesday evening as investors awaited the Federal Reserve's interest rate decision. The Nasdaq 100 and S&P 500 futures edged up 0.07% and 0.04%, respectively, while Dow Jones Industrial Average futures dipped 0.04%. Markets rallied earlier in the day, with the Nasdaq Composite, Dow Jones, and S&P 500 climbing 0.8%, 0.3%, and 0.2% on strong earnings and AI optimism.
All eyes are now on Fed Chair Jerome Powell's post-meeting remarks. While a quarter-point cut is priced in, traders are scrutinizing forward guidance—particularly the possibility of a December move. The outcome could Ripple across risk assets, including cryptocurrencies, as liquidity expectations adjust.
Tech earnings loom large Wednesday with Alphabet, Meta, and Microsoft reporting. Their performance may influence crypto-related stocks and blockchain adoption trends. Digital asset markets remain attuned to macroeconomic signals, with Bitcoin and Ethereum often mirroring equity market risk sentiment.