Stock market today: Dow, S&P 500, Nasdaq futures hold steady as Wall Street recovers from stock sell-off

Stock Market

 US stock futures held steady as Wall Street digested a second day of gains and braced for the Federal Reserve's next policy meeting.


Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq Composite (NQ=F) remained flat.

Stock Market


On Monday, stocks continued to recover from last week's sell-off, which saw the S&P 500 enter correction territory amid concerns about the US economy's ability to sustain President Donald Trump's trade war.


Wall Street's attention is now turning to the Federal Reserve's two-day policy meeting, which kicks off on Tuesday. The central bank will announce its next monetary policy decision Wednesday.

Federal Reserve Chair Jerome Powell has said that the central bank will exercise caution when it comes to rate cuts and seek out more economic data. The Fed is largely expected to hold rates steady this week.


On Tuesday, the Commerce Department will also release data on housing starts for February.

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