Stock Futures Flat as Traders Await Fed Rate Decision

Stock futures remained mostly flat as investors awaited the Federal Reserve's interest rate decision, with a 99% likelihood that rates will remain unchanged. Following a rough trading day, the Dow Jones and S&P 500 indices are nearing correction territory, having lost significant ground recently. Analysts are concerned about the impact of soft economic data and President Trump's tariffs on market stability. Despite a recent rally, the S&P 500 is still down 8.6% from its February high, while the Nasdaq remains in correction, reflecting ongoing volatility. Investors are closely monitoring economic indicators and the Fed's policy discussions, as hopes for stabilization in growth and market recovery hang in the balance. The current market context underscores the intricate dynamics between economic performance, federal policy decisions, and geopolitical tensions.