Before the Bell: Futures edge up ahead of Fed rate decision


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Equities Wall Street futures moved higher early Wednesday after the previous session’s losses with all eyes on the Federal Reserve’s rate decision later in the day. Major European markets were positive. TSX futures were up modestly. In the early premarket period, futures linked to the Dow, S&P and Nasdaq were all higher. On Tuesday, all three saw losses of more than 1 per cent as worries about the U.S. regional banking sector crept back in. Canada’s S&P/TSX Composite Index closed down 1.01 per cent yesterday. Energy stocks fell more than 4 per cent on dropping crude prices while financial stocks...