U.S. Stock Futures Slide Ahead of Fed Meeting and Trade Talks

U.S. stock futures dipped slightly on Sunday evening, hinting at a potential slowdown following the S&P 500’s longest winning streak in more than two decades.

Futures linked to the S&P 500 (ES=F) dropped 0.5%, while Dow Jones Industrial Average futures (YM=F) slipped 0.4%. Meanwhile, Nasdaq futures (NQ=F) also edged down 0.5%, as investors showed signs of caution after weeks of bullish momentum.

Market optimism in recent days has largely been driven by signs that the U.S. and China may be moving closer to resuming trade negotiations.

Chinese officials have reportedly expressed interest in reopening dialogue with Washington regarding tariffs, though an actual agreement still appears distant. On Sunday, President Donald Trump reiterated his desire for a “fair deal” with China but stopped short of detailing what such an agreement would entail.

READ ALSO: Trump Prioritizes Fair Trade Deal with China Amid Flurry of Global Trade Talks

As markets digest the uncertainty around trade, all eyes now turn to the Federal Reserve. The Fed is set to begin a two-day policy meeting on Tuesday, with analysts widely expecting the central bank to hold interest rates steady.

This comes despite increasing pressure from President Trump, who has recently criticized both the Fed and its Chair, Jerome Powell, urging them to ease monetary policy further.

Investors will be closely watching the Fed’s tone and economic projections, especially amid global trade tensions and mixed economic data. With stock markets hovering near record highs and trade talks potentially back on the table, Wall Street is entering the week with cautious optimism—and plenty of variables to consider.