Market Update: Fed Decision Looms, Tech Stocks Sink, Gold Wavers, Oil Climbs on Middle East Tensions

Early Wednesday US stock futures edged higher as investors awaited the Federal Reserve's policy decision later in the day, focusing on the updated "dot plot" for clues on future rate cuts. This follows a down day Tuesday (S&P -0.84%), which was pressured by escalating Israel-Iran conflict concerns and hawkish comments from President Trump. Tuesday's session was marked by a broad sell-off (S&P -0.84%), with energy the lone gaining sector. All "Magnificent Seven" tech stocks fell, and...