Stock futures are little changed as traders await Fed decision, Big Tech earnings: Live updates

Stock futures were little changed as traders positioned ahead of an upcoming Federal Reserve policy decision and a batch of Big Tech earnings reports, with the headline indicating live coverage of both events. The primary transmission channel for the Fed decision runs through the rate differential: any signal on the policy path shifts expected returns on dollar-denominated assets relative to other major currencies, which directly feeds into USD valuation. Traders are therefore watching the dollar closely, since a hawkish tilt would tend to support the currency through wider yield spreads, while a dovish surprise would likely weigh on it. Big Tech earnings add a second layer, as strong results from the largest equity index constituents can drive risk appetite and capital flows into US assets, reinforcing or offsetting the rate-driven move in the dollar. The next concrete catalyst to watch is the Fed's post-meeting statement and the chair's press conference, where forward guidance on the rate path will set the tone for USD trading in the sessions that follow.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.