US Equity Futures Rise Pre-Bell as Traders Await Fed Rate Decision
MT newswire2026/09/16 11:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:53 AM EDT, 09/16/2026 (MT Newswires) -- US equity futures were edging mostly higher pre-bell Wednesday as traders geared up for the interest rate decision from the Federal Reserve later in the day. Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.3%, and Nasdaq futures were 0.5% lower. The Federal Open Market Committee's statement following Wednesday's meeting is due for release at 2:00 pm ET, with Federal Reserve Chairman Kevin Warsh's press conference scheduled to begin at 2:30 pm ET. There is a 92.5% chance the Fed will raise rates by 0.25%, according to the CME Group FedWatch indicator. Oil prices declined amid a Reuters report that Saudi Arabia is offering crude oil cargoes via ship-to-ship transfer at Oman's Sohar port. Further, US crude oil, gasoline, and distillate inventories increased last week, according to the report. The front-month global benchmark North Sea Brent crude was down 1.4% at $107.25 per barrel and US West Texas Intermediate crude was 2.3% lower at $103.40 per barrel. The August retail sales report, slated for 8:30 am ET, is forecast to show a 0.8% increase following a 0.6% decline in the previous month, according to estimates compiled by Bloomberg. The August import price index is expected to show a 0.5% month-over-month gain after a 0.4% decrease previously. The export price index is projected to show a 0.6% increase, compared with a prior decline of 1.3%. The September US housing market index, slated for 10 am ET, is expected at 34, compared with 35 from the prior month.
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