Stock futures ticked slightly lower on Tuesday evening as investors awaited the Federal Reserve’s first interest rate decision of 2025.
By 10:25 am AEDT (11:25 pm GMT) Dow Jones Industrial Average futures, S&P 500 futures and Nasdaq 100 each slipped around 0.1%.
In after-hours trading, Starbucks climbed 3.3% following quarterly results that exceeded expectations.
Shares of F5 Networks surged 13% after the company posted a robust earnings beat.
During regular trading on Tuesday, tech stocks led the S&P 500 higher, pushing the Nasdaq Composite up 2%. Both indices staged a recovery from sharp losses on Monday, which were triggered by concerns over China’s DeepSeek and its potential to disrupt the artificial intelligence market.
Nvidia, which suffered a dramatic 17% drop on Monday, rebounded nearly 9% on Tuesday, restoring some confidence in AI-related equities.
The Federal Reserve’s interest rate decision on Wednesday has now become a focal point for markets. Chair Jerome Powell is also set to hold a press conference, his first of the year, offering insights into the central bank’s outlook.
Markets are particularly interested in Powell’s relationship with President Donald Trump, which has been contentious in the past. Trump, now in his second term, has already called for immediate interest rate cuts, adding another layer of complexity to the Fed’s policy-making environment.
