S&P Futures Muted After Record Rally, FOMC Meeting and Earnings in Focus

Third-quarter corporate earnings season is in full swing, with investors looking ahead to new reports from prominent companies today, including Visa (V), UnitedHealth Group (UNH), Booking (BKNG), United Parcel Service (UPS), and PayPal (PYPL). According to Bloomberg Intelligence, companies in the S&P 500 are expected to post an average +7.2% increase in quarterly earnings for Q3 compared to the previous year, marking the smallest rise in two years.The Federal Reserve kicks off its two-day meeting later in t ...