Snowflake, Dow Futures, Federal Reserve: 5 Things You Should Know

Here are five things to know for Wednesday, September 16:

1. – Stock futures move ahead of Fed Announcement

Stock futures rose on Wednesday as investors awaited the announcement of the Federal Reserve’s policy.

Contracts related to the Dow Jones Industrial Average gained 123 points, S&P 500 futures 16 points and Nasdaq futures 47 points.

The stock gained momentum on Tuesday and the S&P 500 held high for the third consecutive season as Tech shares led the charge. The Nasdaq, for a fair number of the largest US tech stocks, rose 1.2%.

The Federal Reserve is expected to keep rates near zero where it initially lowered the coronavirus virus in March, further confirming its new, more relaxed stance on inflation.