US Equity Futures Post Narrow Gains as Traders Eye Fed Rate Decision
BY MT Newswires | ECONOMIC | 06/18/25 08:11 AM EDT08:11 AM EDT, 06/18/2025 (MT Newswires) -- US equity futures were cautiously higher pre-bell Tuesday ahead of the Federal Reserve's rate decision.
Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures were 0.2% higher, and Nasdaq futures were up 0.2%.
The Federal Open Market Committee is scheduled to release a monetary policy statement at 2 pm ET at the conclusion of its two-day meeting.
US President Donald Trump is considering a potential military action against Iran amid the ongoing Iran-Israel conflict, media outlets reported.
The US stock market will be closed on Thursday for the Juneteenth holiday.
Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.3% at $76.63 per barrel and US West Texas Intermediate crude 0.3% higher at $73.49 per barrel.
The new unemployment claims bulletin, scheduled for release at 8:30 am ET, is expected to show initial jobless claims decreasing by 2,000 to 246,000 in the week ended June 14. Housing starts are seen coming in at a 1.35 million annual rate for May, while permits are expected to come in at 1.42 million for the month, according to estimates compiled by Bloomberg.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
