US stock futures rise ahead of Fed decision
Digest more
The Dow, S&P 500, and Nasdaq are falling in premarket trading as fears about AI and bond yields grip stock the market.
Markets struggle as Wall Street weighs surging oil prices, Middle East tensions and this week’s Fed meeting.
Higher oil prices and Treasury yields continue to weigh on stocks. Major U.S. stock indexes closed lower for the sixth time in seven sessions Tuesday, with the tech-focused Nasdaq Composite leading declines,
According to CME FedWatch data, there is a 92.4% probability that the Fed will hike interest rates by 25 basis points from the current 3.50% to 3.75%.
Shares of Johnson & Johnson and Nike are trading lower Tuesday morning, dragging the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 293 points (0.6%) lower, as shares of Johnson & Johnson and Nike are contributing to the index's intraday decline.
Live updates on markets and the top finance, economics and business stories. Plus the latest on bonds, oil prices, the Dow, S&P 500 and Nasdaq.
AI stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity.
The broad market indexes aren't down a lot, but there are a lot more declining stocks than advancing ones. Decliners are outnumbering advancers by 1,585 to 902 on the New York Stock Exchange and by 2,
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Monday as the stock market digests calls for AI development to slow down.