Market Anticipation Builds Ahead of Fed's Announcement

As the Federal Reserve prepares to unveil its latest 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, alongside his repeated calls for Fed Chair Jerome Powell to implement interest rate cuts.

Investor Optimism Grows Amid Trade Talks

Further fueling market optimism are the upcoming high-level discussions between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese officials. These talks are seen as a potential turning point in easing the ongoing trade tensions between the two economic powerhouses.

Market Movements at a Glance

Early trading showed the Dow Jones Industrial Average climbing by 0.68%, or 282 points, with the Nasdaq 100 and S&P 500 not far behind, posting gains of 0.67% and 0.70%, respectively. Meanwhile, the euro remained stable against the dollar, trading at $1.13676.