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Dow futures higher; earnings and Fed decision in focus By Investing.com

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⚠️BREAKING: *U.S. STOCK FUTURES POINT TO HIGHER OPEN AHEAD OF BUSY WEEK OF EARNINGS, FED MEETING $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸

) is set to receive a boost from the strong showing of the"Barbie" movie, which recorded the biggest domestic debut of 2023.is widely expected to raise borrowing costs by another 25 basis points on Wednesday, which may be the final rate hike of its most aggressive monetary policy tightening cycle in decades.

This thesis has helped buoy stocks in recent weeks, and any indication coming out of the meeting that the policymakers have been discussing further hikes could weigh heavily on Wall Street. The U.S. economic data slate centers around the latest S&P Global activity data for July, with the flash

 

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