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Gold futures are higher as traders wait for the Fed’s interest-rate decision at 2pm ET, with expectations for an increase. Zaye Capital Markets said the near-term setup is shaped by Treasury yields, the U.S. dollar, and demand for safe-haven assets.
U.S. stock futures declined Tuesday as the Dow Jones, S&P 500 and Nasdaq 100 indices fell following Monday’s lower close. The Federal Open Market Committee’s two-day meeting will commence, with all eyes on the FOMC’s policy direction. Meanwhile, the 10-year Treasury bond yielded 5.03% at the last check, topping 5% on M