Dow futures trade steady, Fed meeting in focus

Investing.com – U.S. stock futures were trading slightly higher during Sunday’s evening deals, following a negative week for major benchmarks as investors brace for the Federal Reserve’s interest rate decision later in the week.

By 6:30pm ET (10:30pm GMT) , and were each up by 0.1%.

Ahead in the week, market participants will be monitoring preliminary and , Federal Reserve and , , and the S&P Global (NYSE:) as well as a speech from .

During Friday’s trade, the lost 288.9 points or 0.9% to 34,618.3, the lost 54.8 points or 1.2% to 4,450.3 and the dipped 217.7 points or 1.6% to 13,708.3. For the week, the Dwo eased 0.1%, the S&P 500 dipped 0.7% and the NASDAQ lost 1.3%.

On the bond markets, rates were near fresh 16-year highs of 4.338%.