Market

Wall Street Anticipates Fed's Crucial Interest Rate Decision Amid Global Market Uncertainty

Market Jitters Ahead of Federal Reserve Meeting

As the Federal Reserve prepares to announce its decision on key interest rates, Wall Street 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 dose of uncertainty into global markets.

Early Morning Trading Figures

At 4:25 am ET, the Dow Jones Industrial Average saw a decline of 0.50%, with the Nasdaq 100 not far behind, dropping by 0.80%. Shortly after, at 4:26 am ET, the S&P 500 decreased by 0.63%.

In currency news, the euro experienced a slight uptick, gaining 0.26% to trade at $1.13434 by 4:27 am ET.