US stock futures expected to open lower ahead of Fed meeting

From Nasdaq:

Wall Street indexes expected to open lower ahead of Federal Reserve meeting. Nasdaq rose in previous session with growth stocks like Alphabet and Tesla. Nvidia shares fell after unveiling new AI chip. Other chipmakers like AMD, Marvell Technology, Intel also saw drops. Super Micro Computer stock fell after announcement of share sale. Investors await outcome of Fed meeting with focus on inflation projections. Traders pulling bets on rate cut in June. Dow, S&P, Nasdaq e-minis down. Coinbase, Riot Platforms, Marathon Digital Holdings down tracking bitcoin fall. Spire Global up after collaboration with Nvidia for weather prediction. (Reporting by Bansari Mayur Kamdar and Shashwat Chauhan)



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