Investors on Edge Ahead of Federal Reserve's Monetary Policy 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, and his subsequent appeals for interest rate cuts directed at Fed Chair Jerome Powell.

Trade Talks Between US and China Fuel Optimism

Adding to the market's upbeat mood are the upcoming high-level discussions between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese officials. These talks have sparked hopes for a easing of trade tensions between the two economic powerhouses.

Market Performance Overview

At 4:19 am ET, the Dow Jones Industrial Average was up by 0.68%, or 282 points, while the Nasdaq 100 saw a 0.67% increase. Shortly after, the S&P 500 advanced by 0.70%. Meanwhile, the euro remained stable against the dollar, trading at $1.13676 at 4:27 am ET.