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US stock index futures signaled a wider opening on Wednesday as investors digested Apple's quarterly earnings pending the end of a meeting of the Federal Reserve.
At approximately 7:00 pm Eastern time, the Dow Jones Industrial Average futures contracts indicated a gain of 74 points in open markets. Futures on the S & P 500 and Nasdaq 100 also suggest a higher opening.
Apple's stock rose more than 5 percent in the pre-market phase after its earnings and revenue last quarter exceeded expectations. The technology giant's forecast for the next quarter was also better than expected.
Advanced Micro Devices and Mondelez also grew by 5.3% and 0.9%, respectively, after posting better-than-expected results.
Wall Street is also considering a Fed's announcement on monetary policy. The central bank is expected to largely maintain its rates, but investors will look for clues about what the Fed thinks about inflation and how the economy is going.
The US economy grew at an annualized rate of 3.2% in the first quarter, well above expectations. However, inflation remains muted.
As for the data, there will be ADP salaries at 8:15 am; Manufacturing PMI due at 9:45 am, and construction expenses at 10:00 am ET.
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