Stock Market Today: Nasdaq, S&P 500 Futures Gain As Investors Await Fed Decision—GameStop, GE Vernova, Adobe, Oracle In Focus - SPDR S&P 500 (ARCA:SPY)

U.S. stock futures advanced on Wednesday after Tuesday’s mixed close. Futures of major benchmark indices were higher.The Federal Open Market Committee‘s two-day meeting ends today, with investors eyeing a rate cut decision and Fed Chair Jerome Powell‘s speech in the afternoon.Meanwhile, the 10-year Treasury bond yielded 4.20% and the two-year bond was at 3.62%. The CME Group's FedWatch tool‘s projections show markets pricing an 89.9% likelihood of the Federal Reserve cutting the current interest rates later ...