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Fixed Rate Decision and Winnings in Focus on Wall Street



U.S. Stock index futures were mixed Wednesday morning as market participants awaited the Federal Reserve's decision on interest rates.

Around 05:45 ET, the Dow futures slid 15 points, showing a positive difference of over 11 points. The S&P futures – which briefly touched Tuesday's highest record – and the Nasdaq were slightly changed from the previous session.

Pre-market trading moves ahead of the fourth quarter point expected by the US. Central bank. This will mark the third time this year that the Fed has cut borrowing costs.

In the future, market expectations for another interest rate cut in December are 23%, according to CME Group's FedWatch tool, compared to nearly 70% earlier this month.

Meanwhile, a Reuters report published on Tuesday quotes an unnamed US administration official as saying that an interim US-China trade agreement may not be completed in time for Chile to sign next month.

Washington and Beijing secured a restricted trade deal earlier this month in an attempt to end a lengthy dispute that has broken financial markets and hampered global growth.

Markets expected the two largest economies in the world to secure a commercial truce at the Asia-Pacific Economic Summit. in mid-November.

Data, Profits

On the data front, ADP payment lists for October will be released around 8:1

5 am ET.

In corporate news, GlaxoSmithKline, CME Group and Yum Brands are among some of the big companies ready to report profits before the initial ring. [19659002] Apple, Facebook and Starbucks are scheduled to report their latest quarterly data after the market closes.


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