27.01.202623:43:25UTC+00US Futures Steady Ahead of Fed, Earnings

U.S. stock futures remained relatively stable on Wednesday as investors prepared for the Federal Reserve's upcoming policy announcement and a significant wave of earnings reports from leading technology companies. The Federal Reserve is broadly anticipated to maintain interest rates at their current level, with investors focusing instead on guidance regarding the timing of the next rate decrease. There is an expectation of two quarter-point reductions before the end of the year. On the corporate earnings front, Tesla, Microsoft, and Meta Platforms are set to release their reports after the market closes on Wednesday, followed by Apple on Thursday. These announcements are expected to influence broader market sentiment. During regular trading on Tuesday, the S&P 500 increased by 0.41%, closing at a new all-time high, while the Nasdaq Composite rose by 0.91%, driven by gains in technology stocks. In contrast, the Dow Jones Industrial Average fell by 0.83%, affected by UnitedHealth's significant drop of 19.6% following a profit warning related to proposed changes to Medicare Advantage reimbursements. Boeing also saw a decline of 1.6% after delivering disappointing financial results.