Stock futures remained relatively stable on Tuesday night as investors anticipated the release of the Federal Reserve minutes from the January meeting, which are expected to shed light on policymakers’ views regarding inflation and interest rates amid ongoing economic uncertainty. Futures tied to the Dow Jones Industrial Average dropped by 18 points, with the S&P 500 and Nasdaq 100 experiencing slight declines of 0.03% and 0.06%, respectively, following a modest session where major averages saw gains of about 0.1%. As traders prepare for the upcoming personal consumption expenditures price index reading on Friday, which is the Fed’s preferred inflation measure, the market seems to be in a “semi-holding pattern,” according to analysts. Additionally, significant earnings reports from Booking Holdings, Carvana, and DoorDash are set for release on Wednesday, which will test the resilience of the travel, auto, and delivery sectors.
Stock futures little changed as traders await Federal Reserve meeting minutes
