Traders work on the floor of the New York Stock Exchange. <\/p>\n
NYSE<\/p>\n
S&P 500<\/a> and Nasdaq-100 futures<\/a> rose in early trading Wednesday as traders awaited the latest monetary policy decision from the Federal Reserve, while SpaceX was set to gain once again. <\/p>\n Futures tied to the broad market index climbed 0.1%, while contracts linked to the tech-heavy Nasdaq were up 0.6%. Dow Jones Industrial Average futures fell marginally. <\/p>\n SpaceX traded higher by 3.5% in the premarket. The stock has been on fire since the rocket company’s initial public offering last week, which was priced at $135. In that short time, shares are up around 50%, bolting the company’s valuation above that of Amazon’s<\/a>.<\/p>\n Chip stocks also rose in early trading, with ASML advancing 4% and Intel popping by 3%. The Invesco PHLX Semiconductor ETF (SOXQ) was up by 2.3%.<\/p>\n Asia markets closed mostly higher Wednesday, with Japan’s Nikkei 225<\/a>\u00a0scaling a new peak, and rising 0.72%. South Korea’s Kospi<\/a> advanced 1.58%. Hong Kong\u00a0Hang Seng Index<\/a>\u00a0was down 0.7%, while mainland China’s CSI 300 gained nearly 1%. In Europe, the Stoxx 600 rose 0.3%.<\/p>\n Fed ahead<\/p>\n The Fed will deliver its latest policy decision at 2 p.m. It will be the first under new Chairman Kevin Warsh, who will also hold a news conference at 2:30 p.m.<\/p>\n Investors are largely expecting that the Fed will keep interest rates unchanged at a target range of 3.5% to 3.75%. However, most Wall Street Fed watchers anticipate that Warsh won’t submit a “dot” <\/a>to the FOMC’s quarterly update of where individual officers expect rates to head from here.<\/p>\n Stocks are coming off a mixed session, with the Dow topping 52,000 for the first time, while the S&P 500 and Nasdaq fell. <\/p>\n The moves came after all three major averages rose on Monday, following an announcement from President Donald Trump<\/a> that the U.S. and Iran had reached a potential deal<\/a> to end the war. Pakistani Prime Minister Shehbaz Sharif said that both sides have terminated their military operations<\/a>, while an official signing ceremony will take place in Switzerland this Friday.<\/p>\n To be sure, Trump said Wednesday a deal was not yet final, noting the U.S. will “go right back to dropping bombs” if he doesn’t like the agreement. Crude priced bounced to trade slightly higher following that comment. <\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor of the New York Stock Exchange. NYSE S&P 500 and Nasdaq-100 futures rose…\n","protected":false},"author":2,"featured_media":497210,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[356,2974,941,114,357,228918,6420,54,1761,1012,85,21748,87,46,228917,1437,118946,7258,190,1763,1008,1762,3310,7259,11471,193809,1760,29170,1032],"class_list":["post-497209","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-amazon-com-inc","tag-asml-holding-nv","tag-breaking-news-markets","tag-business","tag-business-news","tag-carmax-inc","tag-donald-j-trump","tag-donald-trump","tag-dow-jones-fut-sep25","tag-dow-jones-industrial-average","tag-il","tag-intel-corp","tag-iran","tag-israel","tag-jabil-inc","tag-japan","tag-kevin-warsh","tag-kospi-index","tag-markets","tag-nasdaq-100-fut-sep25","tag-nasdaq-composite","tag-sp-500-fut-sep25","tag-sp-500-index","tag-sp-asx-200","tag-south-korea","tag-space-exploration-technologies-corp","tag-stock-markets","tag-suppress-zephr","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/497209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=497209"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/497209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/497210"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=497209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=497209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=497209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}