Market conditions were mixed, with positive news regarding potential US-China trade talks boosting investor sentiment in futures trading. However, the broader market closed lower in regular trading on Tuesday, suggesting underlying concerns remained. Investors are also awaiting the Federal Reserve’s policy decision and closely monitoring comments for indications of future monetary policy.
- The Dow Jones dropped 0.95% in regular trading on Tuesday.
- US stock futures climbed on Wednesday following reports of US-China trade talks.
- The Federal Reserve’s policy decision is expected, with no rate changes expected.
The value of the asset experienced a downturn in regular trading, echoing a broader decline across the market. However, optimism surrounding potential progress in trade negotiations is creating some upward momentum. The imminent announcement from the central bank will significantly impact the direction of the asset.