"Key Pre-Market Insights: Fed Rate Decision, Tesla, and S&P 500"

1 min read
Source: CNBC
"Key Pre-Market Insights: Fed Rate Decision, Tesla, and S&P 500"
Photo: CNBC
TL;DR Summary

Investors await the Federal Reserve's decision on interest rates as stock futures point to a lower opening. Instacart's stock rose 12% in its debut but closed lower, while software developer Klaviyo's IPO priced at $30 a share. Disney plans to invest $60 billion in its parks business over the next decade. Bankrupt crypto exchange FTX is suing the parents of its founder, Sam Bankman-Fried, alleging fraud and misappropriation of funds. Airbnb has seen a significant drop in reported parties and has implemented measures to crack down on unauthorized gatherings.

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