U.S. stock futures were little changed ahead of a policy decision from the Federal Reserve and comments from Chairman
Jerome Powell
that will be closely watched for clues about how high the central bank intends to raise interest rates to combat inflation.
S&P 500 futures were flat and Dow Jones Industrial Average futures were flat. The contracts do not necessarily predict market moves after the markets open.
European stocks declined Wednesday for a two-day losing streak. The Stoxx Europe 600 lost 0.5% in morning trade as gains in industrials and financials sectors were tempered by losses in consumer staples and energy sectors.
The U.K.’s FTSE 100 was down 0.4%. Other stock indexes in Europe also…
