Market

Wall Street Braces for Fed's Crucial Rate Decision Amid Global Market Uncertainty

Market Anticipation Builds Ahead of Fed Meeting

As the Federal Reserve prepares to announce its decision on key interest rates, major Wall Street stock futures have taken a downward turn. This pivotal meeting marks the first since President Donald Trump's announcement of reciprocal tariffs on April 2, which has injected a wave of uncertainty across global markets.

Early Morning Trading Figures

At 4:25 am ET, the Dow Jones Industrial Average saw a decline of 0.50%, closely followed by the Nasdaq 100, which dropped by 0.80%. Shortly after, at 4:26 am ET, the S&P 500 experienced a decrease of 0.63%.

Euro Gains Ground

In currency news, the euro appreciated by 0.26% at 4:27 am ET, trading at $1.13434.