Investors on Edge Ahead of Federal Reserve's Policy Announcement

As the financial world turns its gaze towards the Federal Reserve's upcoming monetary policy decision, US stock futures have seen a notable uptick. This pivotal meeting marks the first since President Donald Trump's announcement of reciprocal tariffs on April 2, a move that has since seen the President repeatedly urging Fed Chair Jerome Powell to consider interest rate cuts.

Trade Talks Add to Market Optimism

Further fueling investor optimism are the impending high-level trade discussions between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and their Chinese counterparts. These talks are viewed as a potential step towards easing the ongoing trade tensions between the two economic powerhouses.

Market Movements in Early Trading

In early trading, the Dow Jones Industrial Average climbed by 0.68%, or 282 points, by 4:19 am ET, with the Nasdaq 100 and S&P 500 also posting gains of 0.67% and 0.70%, respectively. Meanwhile, the euro remained stable against the dollar, trading at $1.13676 at 4:27 am ET.