Wednesday, 17 July 2019
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Dow futures point to a modest open as investors await Federal Reserve meeting

U.S. stock index futures were higher on Monday morning, as investors monitor the start of a two-day Federal Reserve policy meeting this week.

At around 02:53 a.m. ET, Dow futures rose 21 points, indicating a positive open of more than 42 points. Futures on the S&P and Nasdaq were both seen slightly higher.

The U.S. central bank will begin its meeting on interest rates on Tuesday, which ends with a news conference on Wednesday. The Federal Reserve is expected to lower their interest rate forecasts ” or "dot plots" ” to show little or no further tightening in 2019.

Source: CNBC

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