US stocks are poised to open lower, ahead of a busy day for the market. A dozen or so major companies are set to report earnings Wednesday, highlighted by Apple, Boeing, Tesla and Facebook.
The Fed will also issue its monetary policy statement at 2 pm ET, followed by a press conference hosted by Fed Chair Jerome Powell at 2:30 pm ET. And we’ll get a look at durable goods orders this morning.
- Dow were down 300 points, or 0.9%.
- S&P 500 futures fell 0.9%.
- Nasdaq Composite futures were only 0.2% lower, buoyed by Microsoft’s strong earnings performance Tuesday evening.
On Tuesday, US stocks ended the day modestly lower.
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