Market

Wall Street Futures Dip as Investors Eye Fed's Crucial Interest Rate Decision Amid Trade Tensions

Investors Brace for Fed's Interest Rate Decision

As the Federal Reserve's meeting looms, Wall Street futures have taken a downturn, reflecting the market's anticipation and unease. This pivotal meeting marks the first since President Donald Trump's announcement of reciprocal tariffs on April 2, a move that has injected volatility into global markets.

Market Movements in Early Trading

Early Tuesday saw the Dow Jones Industrial Average fall by 0.50% at 4:25 am ET, with the Nasdaq 100 not far behind, dropping 0.80%. The S&P 500 also experienced a decline, decreasing by 0.63% at 4:26 am ET, signaling a cautious stance among investors.

Euro Gains Amidst Market Uncertainty

In contrast to the stock futures, the euro showed resilience, gaining 0.26% at 4:27 am ET to trade at $1.13434, as traders sought safer havens amidst the prevailing market uncertainty.