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US stock futures mixed
Oct 28 2026 6:26PM
U.S. equity futures were mixed on Wednesday as investors awaited a rate policy decision from the Federal Reserve due Wednesday and earnings reports from mega-cap technology companies.

S&P 500 futures added 0.2%, and Nasdaq-100 futures rose 0.3%. Dow Jones Industrial Average futures were down 21 points, or 0.04%.

Focus will turn to domestic monetary policy as the Fed wraps up its two-day policy meeting. The central bank is widely predicted to keep interest rates steady at a target rate range of 3.75% to 4%. Policymakers raised rates by a quarter percentage point at their September meeting.

According to CME’s FedWatch tool, there’s a roughly 90% chance that the Fed maintains the current interest rate, but some expect that Chairman Kevin Warsh will signal that more hikes are coming in future policy meetings. The decision on interest rates will be announced at 2 p.m. ET.

Tech stocks, particularly those with exposure to the AI buildout, have struggled in recent weeks amid questions over the technology’s financing. However, Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, thinks that the recent recovery in tech stocks is a sign that the trend may be nearing its end.