Investors on Edge Ahead of Federal Reserve's Announcement

As the Federal Reserve prepares to announce its monetary policy decision, US stock futures have seen a notable increase. This pivotal meeting marks the first since President Donald Trump's announcement of reciprocal tariffs on April 2 and his subsequent calls for interest rate cuts. The anticipation of high-level trade discussions between US and Chinese officials has further fueled optimism among investors.

Market Movements in Early Trading

Early Wednesday, the Dow Jones Industrial Average rose by 0.68%, or 282 points, by 4:19 am ET. Similarly, the Nasdaq 100 and the S&P 500 experienced gains of 0.67% and 0.70%, respectively, highlighting a positive trend across major indices.

Currency Markets Hold Steady

In currency markets, the euro remained stable against the dollar, trading at $1.13676 at 4:27 am ET, indicating a calm before the potential storm of the Fed's decision.