Wall St futures gain as oil prices slip, focus on Fed outlook
Published on March 18, 2026.
Wall St futures have risen as oil prices slipped and focus on the Federal Reserve (Fed) outlook, with expectations that it will maintain its benchmark interest rates unchanged at 2pm ET. The greater focus will be on Fed Chair Jerome Powell's remarks on how tariffs, higher energy costs, and a weakening job market will influence monetary policy decisions later this year. Traders are expecting the Fed to delay its first interest rate cut this year to December from July. Meanwhile, the Middle East conflict continues to escalate, with crude prices still near $100 a barrel. The Dow E-minis were up 268 points, or 0.55%, and S&P 500 E-mandations were up 35.5 points.
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