Investors on Edge Ahead of Federal Reserve 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, a move that has injected a dose of uncertainty into global markets.
Market Movements Reflect Investor Caution
Early Tuesday, the Dow Jones Industrial Average saw a decline of 0.50% by 4:25 am ET, with the Nasdaq 100 not far behind, dropping 0.80% at the same time. The S&P 500 also experienced a downturn, decreasing by 0.63% by 4:26 am ET.
Euro Gains Amidst Market Fluctuations
In contrast to the stock market's performance, the euro showed resilience, gaining 0.26% by 4:27 am ET to trade at $1.13434.
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