S&P 500 Futures Little Changed Ahead Of Fed Announcement

Following the mixed performance seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by just 0.1 percent.

Traders may be reluctant to make significant moves ahead of the Federal Reserve’s monetary policy announcement later this afternoon.

While the Fed is widely expected to leave interest rates unchanged, the accompanying statement and new Chair Kevin Warsh’s post-meeting comments could impact the outlook for rates.