Dow Jones Futures Await Fed Rate Cut, Powell; Nvidia Falls On China Ban Report

Dow Jones futures tilted higher early Wednesday, while S&P 500 futures and Nasdaq futures fell slightly. The Federal Reserve is expected to announce its first rate cut of 2025, with Fed chief Jerome Powell comments about possible future moves key. Meanwhile, China reportedly has ordered local companies to stop using Nvidia (NVDA) chips, while Alibaba (BABA) gains on a big…

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