Market Snapshot: Stock futures inch higher as traders await Fed decision

by | May 3, 2023 | Stock Market

U.S. stock futures were on Wednesday recovering a portion of the previous session’s selloff, as focus turns to the Federal Reserve interest rate decision later in the day. How are stock-index futures trading On Tuesday, the Dow Jones Industrial Average DJIA fell 367 points, or 1.08%, to 33685, the S&P 500 SPX declined 48 points, or 1.16%, to 4120, and the Nasdaq Composite COMP dropped 132 points, or 1.08%, to 12081.What’s driving markets Traders…

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