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A Boeing 737 MAX 8 airliner lifts off for its first flight on January 29, 2016 in Renton, Washington.
Investors also looked ahead to a key monetary-policy decision from the Federal Reserve. The Fed is largely expected to have kept interest rates unchanged at their latest meeting. However, investors will look for clues regarding the Fed’s plans to roll off its massive balance sheet.
Facebook and Microsoft are scheduled to report after the bell Wednesday. Qualcomm and Tesla are also slated to report.
Market focus is largely attuned to global trade developments, with Chinese Vice Premier Liu He arriving in Washington to meet U.S. officials on Wednesday. Treasury Secretary Steven Mnuchin said on Tuesday that he expected the world’s two largest economies to make significant progress toward a comprehensive trade agreement this week.
However, many market participants remain skeptical about whether the economic giants can bridge differences over a number of issues, including intellectual property rights and technology transfers.
On the data front, an ADP employment report is due at 8:15 a.m. ET and a pending home sales index is due to be reported at 10 a.m. ET.
– CNBC’s Sam Meredith contributed to this report.
from Viral News Reports http://bit.ly/2MGbAyl
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