Wall Street futures rise 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 rally on Wall Street could continue. Nasdaq futures gained 0.46%, while S&P 500 and Dow futures rose 0.25% and 0.29%, respectively. Nvidia confirmed a $3 billion investment in Meta Platforms' share issuance as the companies deepen their AI partnership, expanding Meta's use of Nvidia's Vera Rubin systems and networking technology. Oil prices fluctuated around $114.67 for Brent and $100.71 for WTI amid Middle East diplomacy and supply risks. The Fed's rate decision is expected Wednesday, with markets anticipating no change. Asian technology stocks rallied, with Japan's Nikkei 225 up 1.73% and South Korea's Kospi gaining 3.09%, led by Samsung Electronics and SK Hynix. Major earnings due Tuesday include Coca-Cola, Boeing, PayPal, and Visa, while Anthropic's recent IPO filing contributed to positive sentiment.