US Stock Futures Rise Ahead of Fed Decision, Big Tech Earnings

S&P 500 and Nasdaq futures advanced slightly on January 27 as investors await the Federal Reserve's policy announcement and key tech earnings reports. S&P 500 futures rose 0.1% while Nasdaq 100 futures gained 0.3%, with Dow futures flat. The Fed is expected to maintain rates at 3.5%-3.75% at its January 28 meeting, with markets pricing in two quarter-point cuts by end-2026. Microsoft, Meta, Tesla report earnings on January 28, followed by Apple on January 29. The moves follow a record S&P 500 close despite UnitedHealth's 20% drop.