Stock Index Futures Gain on Tech Boost, FOMC Meeting and Earnings in Focus

The Federal Reserve kicks off its two-day meeting later in the day. The central bank is widely expected to keep the Fed funds rate unchanged in a range of 3.50% to 3.75% following three consecutive cuts at the end of 2025. Investors will closely watch Chair Jerome Powell’s post-policy meeting press conference for any signals on when rates could be cut again. “We expect Fed Chair Jerome Powell to emphasize that future rate moves will depend on how the economic data evolve,” HSBC economists said in a note. U. ...