Fed Decision and Earnings from Tech Giants Set Market Direction Today

Investors are closely watching the Federal Reserve's interest rate decision, with policymakers expected to keep rates unchanged at 3.50%-3.75%. The market will focus on Fed Chair Kevin Warsh's comments for clues on inflation and the outlook for future rate cuts.

After the close of trading, Microsoft and Meta will report earnings, providing insights into AI spending, cloud growth, advertising revenue, and profit margins. The results and Fed guidance are expected to set the near-term direction for stocks, crypto, and broader financial markets.