FX.co ★ US Stock Futures Flat Ahead of Fed Decision

U.S. stock futures remained relatively stable on Tuesday as investors anticipated the Federal Reserve's upcoming policy decision. In the midst of this anticipation, Nvidia's shares experienced a notable uptick after gaining approval to resume the sale of advanced chips to China. Futures linked to the S&P 500 and Dow Jones remained close to steady, while those tied to the Nasdaq 100 experienced a slight decline of 0.1%. The consensus expectation is for the Fed to reduce the federal funds rate by 25 basis points, with greater attention on the revised dot plot and forecasts for 2026. Nvidia saw a 1% increase in premarket trading following President Trump's announcement that the company is permitted to export H200 processors to China, contingent on 25% of the sales revenue being allocated to the U.S. government. However, the stock trimmed some gains amid speculations that Beijing might impose restrictions on domestic acquisitions. Meanwhile, Home Depot's stock dropped over 1% after the company released a forecast indicating weaker-than-anticipated earnings growth for 2026. Additionally, market participants are closely monitoring the ongoing competition between Paramount and Netflix for control of Warner Bros.