Article taken from: finance.yahoo.com
Dow futures were down 36 points, or 0.1% by 6:59 AM ET , S&P 500 futures were flat and Nasdaq 100 futures ticked up 0.1%. The Fed is expected to hold steady at the conclusion of its meeting, with its statement due at 2 PM ET and Chairman Jerome Powell’s press conference set to start thirty minutes later. Ahead of the Fed decision, the U.S. is set to release consumer inflation figures for November at 8:30 AM ET. Investor sentiment also remained subdued amid mixed messages about the likelihood of a fresh round of U.S. tariffs on Chinese imports coming into effect on Sunday.
On the earnings front, American Eagle Outfitters and Lululemon Athletica are due to report later Wednesday. Meanwhile, the U.S. dollar index, which measures the greenback against six rival currencies, edged up to 97.5, while the yield on the 10-year Treasury was last trading at 1.82%. In commodities, gold futures were up 0.2% at $1,471.45 a troy ounce, while crude oil slid 37 cents to $58.87 a barrel.
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