US stock futures were mostly unchanged Tuesday morning as markets consolidated gains from the past two sessions while investors awaited key insights from the Federal Reserve’s policy meeting, USA Today reports.
As of 8:12 a.m. ET, futures tied to the S&P 500 were down 0.25%, while Dow futures dipped 0.20%, and Nasdaq futures declined 0.42%.
With the Federal Reserve kicking off its two-day policy meeting, investors are not expecting any immediate interest rate cuts. Instead, market participants will closely watch how the central bank assesses the economy and inflation, particularly amid uncertainty surrounding President Donald Trump’s proposed tariff policies.
On Wednesday afternoon, the Fed will release its latest economic projections, which will provide insights into its outlook on inflation, economic growth, and the labor market.
In corporate news:
- Eastman Kodak surpassed analysts’ earnings expectations for the final quarter of the year.
- Hallador Energy missed revenue forecasts for the same period.
