Stocks Brace for a Busy Week: Dow Futures Fall 200 Points Ahead of Fed Rate Decision and Tech Earnings

The stock market is set for a busy week as investors brace for a flurry of earnings reports and a Federal Reserve rate decision.

Dow futures dropped 200 points in early Monday trading as investors monitored the market ahead of the Federal Reserve’s rate decision later this week. The S&P 500, meanwhile, opened higher, with volatility in the markets decreasing.

The Fed is widely expected to keep rates unchanged at near-zero levels, but the central bank is expected to provide some insight into its future plans. Investors will also be closely monitoring the tech sector, with earnings reports from a number of big names expected this week.

Investors will also be looking for news from the Biden administration, with the president set to deliver his first address to a joint session of Congress on Wednesday.

The stock market is also set for a busy week of data releases, with reports on consumer confidence, durable goods orders, and the latest reading on gross domestic product.

It’s a busy week for traders, so those looking to get in on the action should make sure to stay up to date on the latest news and developments.