U.S. stock futures traded largely steady on Monday, as investors awaited a pivotal Federal Reserve policy meeting<\/strong> later this week.<\/p>\n\n\n\n At 10:40 GMT, Dow Jones Futures<\/strong> rose 85 points, or 0.2%, S&P 500 Futures<\/strong> gained 5 points, or 0.1%, while Nasdaq 100 Futures<\/strong> slipped 16 points, or 0.1%.<\/p>\n\n\n\n Last week, all three major U.S. indices reached fresh record highs, supported by growing expectations of an imminent rate cut. The S&P 500 rose 1.6%<\/strong>, the Dow gained 1%<\/strong>, and the Nasdaq Composite surged 2%<\/strong>.<\/p>\n\n\n\n The Fed concludes its two-day meeting on Wednesday, with markets widely anticipating the first rate cut since last December<\/strong>. Weakness in the labor market, coupled with softer inflation pressures, has underpinned confidence in a 25 basis point reduction.<\/p>\n\n\n\n According to CME\u2019s FedWatch Tool, investors assign a 95% probability of a quarter-point cut<\/strong>, with a 5% chance of a deeper half-point move. The central bank\u2019s target rate currently stands at 4.25%\u20134.5%<\/strong>.<\/p>\n\n\n\n Traders will also be scrutinizing the Fed\u2019s updated projections and Chair Jerome Powell\u2019s remarks<\/strong> for signals on the future path of monetary policy.<\/p>\n\n\n\n Optimism surrounding artificial intelligence investment<\/strong> helped propel equities last week, led by strong earnings in the technology sector.<\/p>\n\n\n\n However, Nvidia<\/strong> came under pressure in premarket trade Monday after China\u2019s regulator announced an extended antitrust investigation, raising concerns over compliance with domestic competition law.<\/p>\n\n\n\n Crude oil prices rose, extending last week\u2019s momentum amid supply concerns linked to the Russia-Ukraine conflict<\/strong>.<\/p>\n\n\n\n At 05:40 ET, Brent futures<\/strong> climbed 0.4% to $67.26 per barrel<\/strong>, while WTI futures<\/strong> gained 0.5% to $63.02 per barrel<\/strong>.<\/p>\n\n\n\n Prices were supported after Ukrainian drone strikes targeted key Russian facilities, including Primorsk export terminal<\/strong> and the Kirishinefteorgsintez refinery<\/strong>, raising the risk of significant production losses for Moscow\u2019s top customers in India and China<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" Wall Street Holds Near Record Highs U.S. stock futures traded largely steady on Monday, as investors awaited a pivotal Federal Reserve policy meeting later this week. At 10:40 GMT, Dow Jones Futures rose 85 points, or 0.2%, S&P 500 Futures gained 5 points, or 0.1%, while Nasdaq 100 Futures slipped 16 points, or 0.1%. Last …<\/p>\n","protected":false},"author":9,"featured_media":53440,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[],"class_list":["post-118793","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118793"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118793\/revisions"}],"predecessor-version":[{"id":118794,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118793\/revisions\/118794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53440"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Federal Reserve in Focus<\/h2>\n\n\n\n
Technology Sector Developments<\/h2>\n\n\n\n
Oil Prices Extend Gains<\/h2>\n\n\n\n