Fed decision, Nvidia unveils chips, Meta declines: 3 Things
US stock futures (ES=F, NQ=F, YM=F) hover in positive territory in Wednesday's pre-market ahead of the Federal Reserve's next interest rate decision to come later today as the central bank is expected to hold rates steady. Nvidia (NVDA) CEO Jensen Huang previewed the next generation of semiconductors in his keynote speech at the chip giant's 2025 GTC event. The Magnificent Seven — the tech stock grouping comprised of Meta Platforms (META), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) — is dragged lower after Facebook-parent company Meta stock erases year-to-date gains seen in 2025. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.