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U.S. Stock Futures Mixed as Markets Await Fed Rate Decision

U.S. stock futures showed mixed performance on Wednesday ahead of the Federal Open Market Committee interest rate announcement. Markets priced in a near-certain chance the central bank will hold rates steady under new Chairman Kevin Warsh.

3 sources·Jun 17, 5:29 AM(2 hrs ago)·1m read

U.S. Stock Futures Mixed as Markets Await Fed Rate Decision

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U.S. stock futures traded mixed Wednesday morning as investors positioned for the Federal Open Market Committee decision on interest rates scheduled for later in the day. 57 percent.

72 in premarket trading. 02. 05 percent.

6 percent probability that the Federal Reserve will leave interest rates unchanged at its June meeting, according to the CME Group FedWatch tool. Kevin Warsh is set to make his first appearance as Fed Chairman during the afternoon announcement.

U.S. and Iran is scheduled for signing in Geneva on Friday. S. intelligence assessments indicated Iran retains the capability to close the Strait of Hormuz despite the pending deal.

22 percent in premarket trading ahead of its fourth day on public markets following its acquisition of Cursor AI. 45 percent after the company announced a proposed public offering. La-Z-Boy Inc. shares surged 19.

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