US Stock Market Today: Fed Decision, Microsoft and Meta Earnings in Focus

Investors are closely watching the Federal Reserve’s interest rate decision, with policymakers expected to keep rates unchanged at 3.50%–3.75%. Markets will focus on Fed Chair Kevin Warsh’s comments for clues on inflation and the outlook for future rate cuts. After the close, Microsoft and Meta will report earnings, with investors watching AI spending, cloud growth, advertising revenue, and profit margins. The results and Fed guidance are expected to set the near-term direction for stocks, crypto, and broader financial markets.