Fed Holds Rates Steady as US Stock Futures Trade Mixed
The Federal Reserve kept its target rate range at 3.75%-4.00% at its October policy meeting. At 10:33 p.m. EDT, Dow futures were up 0.32%, S&P 500 futures down 0.50% and Nasdaq-100 futures down 1.60%.
U.S. stock futures were mixed overnight late Wednesday after the Federal Reserve held interest rates steady at a target range of 3.75%-4.00% in its October policy meeting.As of 10:33 p.m. EDT, Dow futures gained 0.32%, while the S&P 500 futures were down 0.50% and Nasdaq-100 futures fell 1.60%.On W…