Investors on Edge Ahead of Federal Reserve's Policy Announcement

As the Federal Reserve prepares to unveil its latest monetary policy decision, US stock futures have seen a significant uptick. This pivotal meeting marks the first since President Donald Trump's announcement of reciprocal tariffs on April 2, and his subsequent calls for Fed Chair Jerome Powell to reduce interest rates. The anticipation of high-level trade discussions between US officials and their Chinese counterparts has further fueled optimism among investors, hoping for a de-escalation in trade tensions.

Market Movements in Early Trading

Early Wednesday, the Dow Jones Industrial Average surged by 0.68%, or 282 points, at 4:19 am ET. Similarly, the Nasdaq 100 experienced a 0.67% rise, with the S&P 500 not far behind, advancing by 0.70% just a minute later. Meanwhile, the euro remained stable against the dollar, trading at $1.13676 at 4:27 am ET.