US equity futures were higher pre-bell Wednesday as traders monitored developments surrounding the country's tariff policy and looked ahead to the Federal Reserve's decision on interest rates.
Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all up around 0.6%.
Treasury Secretary Scott Bessent said Tuesday he would seek to "de-escalate" trade tensions between China and the US at negotiations slated to begin this week in Switzerland.
Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.8% at $62.62 per barrel and US West Texas Intermediate crude up 0.9% at $59.62 per barrel.
The Federal Open Market Committee is scheduled to release a policy statement at 2 pm ET. Analysts are expecting no change in the Federal Funds target rate range of 4.25% to 4.5%.
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