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U.S. stock futures are trending lower as investors await the Federal Reserve's two-day policy meeting and monitor ongoing tariff tensions. The S&P 500, Dow Jones, and Nasdaq futures are down 0.8%, 0.7%, and 1.1% respectively. The Fed is expected to maintain the current interest rate range of 4.25%-4.5%, with no changes anticipated despite pressure from President Trump for further rate cuts. The steady labor market and unchanged March inflation support a wait-and-see stance.
Investopedia
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Investopedia
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Reuters
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Gold prices surged to a two-week high on Tuesday, driven by renewed safe-haven demand amid investor concerns over U.S. President Donald Trump's new tariff plans and anticipation of the upcoming Federal Reserve policy meeting. Spot gold increased by 0.7% to $3,357.63 an ounce, while U.S. gold futures rose 1.3% to $3,366.10. Trump's unexpected announcement of a 100% tariff on foreign films, along with a forthcoming plan to impose pharmaceutical tariffs, has heightened market volatility. Investors are also closely watching the Fed's interest rate decision and Chair Jerome Powell's comments scheduled for Wednesday for guidance on future policy moves.