U.S. stock futures are expected to open slightly lower, consolidating recent gains as Federal Reserve officials begin their policy meeting on Tuesday. There is little anticipation for the Fed to resume cutting interest rates, with focus instead on the Fed’s assessment of the economy and inflation in the months ahead, particularly in light of President Donald Trump’s proposed tariff policies. The Fed will also release its economic projections for inflation, economic growth, and the labor market on Wednesday afternoon.
As of 8:12 a.m. ET, S&P 500 futures are down 0.25%, Dow futures have fallen 0.20%, and Nasdaq futures are down 0.42%. European and Asian stock markets saw declines on Monday, and Wall Street is expected to open lower amid discussion that a Chinese generative AI program, DeepSeek, may outperform competitors, especially in the U.S.
In corporate news, Eastman Kodak exceeded analysts’ earnings estimates in the last quarter of the year, while Hallador Energy fell short of revenue forecasts. Medora Lee is a reporter covering money, markets, and personal finance at USA TODAY. For more personal finance tips and business news, subscribe to the free Daily Money newsletter.
