Investors on Edge as Fed Meeting Approaches

As the Federal Reserve prepares to announce its decision on key interest rates, Wall Street futures have taken a downturn. 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 into global markets.

Market Movements in the Early Hours

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%. The S&P 500 wasn't spared either, registering a 0.63% decrease by 4:26 am ET.

Euro Gains Ground

Amidst the market fluctuations, the euro managed to climb by 0.26% at 4:27 am ET, trading at $1.13434.