US-China trade talks, Fed decision, Disney earnings: 3 Things
US stock futures (ES=F, NQ=F, YM=F) are getting a push higher in Wednesday's pre-market trading on headlines that the Trump administration will reportedly be meeting with Chinese officials for trade talks this weekend. At the conclusion of their May FOMC meeting, Federal Reserve officials will announce their latest interest rate decision latest this afternoon, followed by a press conference with Chair Jerome Powell. Wall Street is expecting the central bank to hold rates amid President Trump's tariff push. Disney (DIS) shares soar in the pre-market session as the entertainment giant raised its full-year profit forecast alongside an earnings and revenue beat for its fiscal second quarter. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.