U.S. stock futures were steady ahead of Tuesday’s session, following a strong session on Wall Street. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.13%, 0.04%, and 0.07%, respectively, at 12:11 a.m. EDT on September 16.
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These movements follow a record-setting day for the markets, where both the S&P 500 and the Nasdaq Composite closed at all-time highs. Importantly, the S&P 500 closed above the 6,600 mark for the first time ever. Overall, the S&P 500, the Nasdaq Composite, and the Dow Jones gained 0.5%, 0.9%, and 0.1%, respectively.
Looking ahead, all eyes are on the Federal Reserve’s interest rate decision, expected on Wednesday afternoon. Also, traders will be closely watching Fed Chair Jerome Powell’s press conference for clues on the future direction of monetary policy.
Before the Fed’s decision, investors are awaiting key economic data on Tuesday, including reports on retail sales, import prices, the housing market, and business inventories.
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