Nasdaq futures rise 0.46% as Fed meeting and AI rally take center stage
US stock futures rose Tuesday as investors awaited the Federal Reserve's policy meeting and weighed whether the AI-driven market rally could continue, with Nasdaq futures up 0.46%. Nvidia confirmed a $3 billion investment in Meta Platforms' share offering, deepening their AI partnership as Meta expands use of Nvidia's Vera Rubin systems and networking technology. Oil prices fluctuated on Middle East diplomacy, with Brent near $114.67 and WTI around $100.71. The Fed's two-day meeting begins Tuesday, with rates expected to remain unchanged after September's hike. Major earnings from Coca-Cola, Boeing, PayPal, and Visa are due, while Asian tech stocks rallied on AI optimism, with South Korea's Kospi up 3.09%.