Market Anticipation Builds Ahead of Fed Meeting

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, injecting a dose of uncertainty into global markets.

Early Morning Trading Figures

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

Euro Gains Ground

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