US Stock Futures Rise Ahead of Fed Decision as Oil Prices Ease and AI Developments Draw Attention: Dow Jones, S&P, Nasdaq, Wall Street

US stock futures moved higher on Wednesday as investors awaited the Federal Reserve's interest rate decision. Oil prices declined following an unexpected increase in US inventories, while developments involving Meta and OpenAI remained in focus. At 07:12 GMT, Dow futures were up 129 points, or 0.3%. S&P 500 futures gained 21 points, or 0.3%, while Nasdaq 100 futures advanced 145 points, or 0.5%. Wall Street's main indices had declined in the previous session as US government bond yields approached two-decade highs. Higher oil prices, linked to the widening conflict in the Middle East, contributed to concerns about inflation and further monetary policy tightening.