Dow, S&P 500, Nasdaq Futures Mixed After Fed Holds Rates Steady: GOOG, GOOGL, IOVA, MSFT, NOW In Focus - Stocktwits

U.S. stock futures were mixed overnight late Wednesday after the Federal Reserve held interest rates steady at a target range of 3.75%-4.00% in its October policy meeting. As of 10:33 p.m. EDT, Dow futures gained 0.32%, while the S&P 500 futures were down 0.50% and Nasdaq-100 futures fell 1.60%. On Wednesday, U.S. benchmark indexes closed higher. The Nasdaq Composite closed up 0.27%. The Dow Jones Industrial Average gained 0.19%, while the S&P 500 climbed 0.28%. Markets were largely focused on the Federal Reserve’s policy decision on Wednesday. The central bank held rates steady, passing with a 10-2 vote, and largely in line with expectations. “Inflation remains elevated,” the Fed said in the statement.