Wall Street Anticipates Federal Reserve Decision Amid Big Tech Earnings

Wall Street's key indexes are set for a strong opening as investors await the Federal Reserve's interest-rate decision, Big Tech earnings, and crucial labor data. Tech giants like Nvidia, Alphabet, Amazon, and Meta rose in premarket trading. Future rate cuts are speculated, with job market reports under scrutiny.

Wall Street is positioned for a robust opening on Monday as investors anticipate the Federal Reserve's interest-rate decision, along with significant earnings reports from Big Tech and critical labor statistics.

Premarket trading saw tech titans like Nvidia, Alphabet, Amazon, and Meta Platforms rising between 0.4% and 1.2% following last week's tech share rout.

Futures indicate substantial gains: Dow futures up 0.39%, S&P 500 futures up 0.46%, and Nasdaq futures up 0.74%, amid hopes of future rate cuts and scrutinized job market data.

(With inputs from agencies.)