"Stock futures dip ahead of Fed decision, while US stocks close higher in countdown"

Stock futures were slightly lower as Wall Street awaited the Federal Reserve's latest policy decision on interest rates. Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all dipped around 0.2%. In after-hours trading, Yum China Holdings and Match Group saw significant declines in their stock prices due to missed revenue estimates and disappointing guidance. The Fed is expected to maintain rates steady, with a focus on quantitative tightening. Stocks have rallied this week after a downbeat October, but investors are keeping an eye on bond yields. South Korea saw its first rise in exports in 13 months, while China's manufacturing activity unexpectedly contracted in October. The yen held at over one-year lows against the US dollar, and Japan's markets saw a 2% increase following the Bank of Japan's decision to increase flexibility in its yield curve control policy. Chinese consumers are cautious, with a focus on staples rather than discretionary spending. October marked a three-month losing streak for Wall Street, and several companies experienced significant stock movements in after-hours trading.