Pre-open movers
U.S. stock futures traded higher in early pre-market trade after the Dow Jones dropped around 150 points in the previous session. The Federal Reserve is set to announce its policy decision at 2:00 p.m. ET, with the country's central bank projected to increase its fed funds target range by 50 basis points. The Fed Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.
Data on retail sales for May, Empire State manufacturing index for June, and import and export prices for May will be released at 8:30 a.m. ET. Data on business inventories...
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