What to watch today: Fed's rate decision, Apple earnings, and Boeing testimony continues

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U.S. stock futures are little changed ahead of the Federal Reserve's interest rate decision and policy statement this afternoon, following a losing day for the major averages Tuesday.

ahead of the Federal Reserve's interest rate decision and policy statement this afternoon, following a losing day for the major averages Tuesday. The S&P 500 did set another intraday record high earlier in the session before closing lower, and both the S&P 500 and Nasdaq saw four-day win streaks come to an end. With two trading days left in October, both the S&P 500 and Nasdaq remain on track for their largest monthly gains since June.

Ahead of the 2 p.m. ET release of the Fed decision and Fed Chairman Jerome Powell's news conference a half hour later, investors get ADP's October report on private sector employment at 8:15 a.m. ET and the government's first look at third-quarter GDP figures at 8:30 a.m. ET. after reporting third-quarter earnings and revenue that topped analyst expectations. Among the companies reporting profits after-the-bell today are Apple , Facebook , Starbucks and Lyft .

National security advisor John Bolton warned in June that Trump's personal attorney Rudy Giuliani may pose an obstacle to improving Washington's relations with Ukraine, according toGeorge Papadopoulos, a former Trump campaign aide who was a key figure in the FBI's Russia probe, filed paperwork to being vacated by Democrat Katie Hill. She announced her resignation Sunday amid an ethics probe into allegations she had an inappropriate relationship with a staff member. The U.S. and 22 other countries at the United Nations pushed China to stop detaining ethnic Uighurs and other Muslims, prompting China's UN envoy to warn it was

between Beijing and Washington. China has been widely condemned for setting up complexes in remote Xinjiang that it describes as "vocational training centers." today, appearing before a House panel on the company's troubled 737 Max plane and whether aviation safety needs greater oversight. Muilenburg took a remorseful tone on the Senate side Tuesday, recognizing mistakes with the grounded plane implicated in two deadly crashes.

 

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