Investors on Edge Ahead of Federal Reserve's Announcement

As the clock ticks towards the Federal Reserve's highly anticipated monetary policy decision, major United States 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 calls for interest rate cuts directed at Fed Chair Jerome Powell.

Trade Talks Fuel Optimism

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

Market Movements

At 4:19 am ET, the Dow Jones Industrial Average rose 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.