Traders Cautious Ahead of Fed Meeting, Driving Muted Premarket Action for US Equity Futures

09:04 AM EDT, 09/15/2025 (MT Newswires) -- US equity futures were flat before Monday's opening bell as traders remained on the sidelines ahead of this week's two-day Federal Open Market Committee meeting.

Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all up 0.2%.

The rate-setting meeting will kick off Tuesday with a policy statement scheduled for release at the meeting's conclusion at 2 pm ET Wednesday.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.3% at $67.17 per barrel and US West Texas Intermediate crude 0.5% higher at $63.03 per barrel.

The Empire State Manufacturing Index, released at 8:30 am ET, came in at negative 8.7 in September compared with 11.90 previously and estimates compiled by Bloomberg for 5.0.

In other world markets, Hong Kong's Hang Seng ended 0.2% higher, China's Shanghai Composite finished 0.3% lower, while the Japanese market was closed for holiday. The UK's FTSE 100 was up 0.1%, and Germany's DAX index was 0.5% higher in Europe's early afternoon session.

In equities, Monte Rosa Therapeutics (GLUE) shares were 51% higher after the company said it formed a collaboration with Novartis (NVS) to develop degraders for the treatment of immune-mediated diseases. Envirotech Vehicles (EVTV) stock was up 27% after the company launched a heavy-lift drone for agriculture and fire protection.

On the losing side, shares of Texas Instruments (TXN) and Analog Devices (ADI) were both about 2% lower after China's Ministry of Commerce initiated an anti-dumping investigation on imports of certain analog microchips, which are typically sold by the two companies, according to a report from Bloomberg News.

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