Global Markets Await Fed Rate Decision

Asia-Pacific markets mostly rose on Tuesday as investors assessed trade developments between the U.S. and countries in the region. China's CSI 300 index rose 0.95% while Hong Kong's Hang Seng Index added 0.67%. India's Nifty 50 fell 0.15% while the BSE Sensex moved up 0.14%. The U.S. dollar index moderately edged up following data from the Institute for Supply Management showing stronger-than-expected service sector activity in April. The Federal Reserve's policy meeting is expected to begin on Tuesday, with a rate decision expected on Wednesday.

European markets are expected to open lower on Tuesday as investors await earnings reports from major European companies and interest rate decisions from central banks. The FTSE 100, DAX, CAC, and FTSE MIB indices are all projected to decline. Earnings reports from companies like Vestas Wind, AXA, and Ferrari are on the docket, while central banks in Sweden, Norway, and the UK will announce interest rate decisions. Global trade developments and the upcoming Federal Reserve policy meeting are also being closely watched.

U.S. stock futures fell slightly on Tuesday as investors awaited the Federal Reserve's policy meeting and potential rate announcement. The S&P 500 and Nasdaq Composite had fallen on Monday due to tariff uncertainty, despite stronger-than-expected service sector data. Investors are closely watching the Fed's meeting and earnings reports from major companies like DoorDash, Advanced Micro Devices, and Palantir Technologies.

The article discusses the key stock market stories for Tuesday, May 5, 2025. The S&P 500 ended its nine-day win streak, and the Dow Jones Industrial Average dropped on Monday. Nvidia CEO Jensen Huang is set to appear on CNBC TV. The article also highlights the upcoming meeting between Canadian Prime Minister Mark Carney and President Donald Trump, which may impact the trade relationship between the US and Canada. Additionally, it provides updates on various stocks, including Nvidia, iShares MSCI Canada ETF, Kinross Gold, and Iamgold, as well as the energy sector.