Fed expected to lower rates Wednesday
The Federal Reserve is universally expected to lower interest rates at the conclusion of its meeting Wednesday.
The market was last pricing in a 96% certainty that the central bank will lower interest rates by a quarter percentage point, according to the CME FedWatch Tool.
It’s pricing in a smaller likelihood, of 3.6%, of a steeper half percentage point cut, fed funds pricing shows.
— Sarah Min
UnitedHealth sought to meet Trump, WSJ reports
Stock futures open little changed Sunday night
U.S. stock futures opened little changed Sunday night.
Dow Jones Industrial Average futures rose by 16 points, or 0.03%. S&P 500 futures edged up 0.02% and Nasdaq 100 futures dipped 0.01%.
— Sarah Min
