iShares Evolved U.S. Discretionary Spending ETF Price & Performance (IEDI)

Major US equity futures showed slight upward movement ahead of the Federal Reserve's rate policy announcement. The S&P 500 and Nasdaq futures gained 0.3%, while the Dow Jones futures saw a marginal decline. Meanwhile, mortgage applications dropped 6.2% last week, driven by a sharp fall in refinancing activity.1

Bitcoin rose 1.8% in premarket trading, with ProShares Bitcoin Strategy ETF climbing 2%. Technology-focused ETFs like the Technology Select Sector SPDR Fund and iShares Expanded Tech Sector ETF also advanced, reflecting investor optimism. However, some individual stocks, including Sportradar Group, faced declines due to earnings and acquisition-related updates.1

Oil prices dipped slightly while natural gas surged 3% in premarket trading. Gold prices inched up 0.2% to $3,047.10 per ounce, whereas silver futures slipped 0.5%. Energy ETFs remained mostly inactive, with slight movements seen in the broader commodity markets, indicating a cautious tone among investors.1