Stocks Await Fed Meeting: Updates and Market News

Stock futures traded slightly higher as traders prepared for the Federal Reserve's two-day September policy meeting. The Dow Jones Industrial Average futures gained 0.13%, while S&P 500 futures and Nasdaq 100 futures rose 0.15% each. The market is experiencing some choppiness due to concerns about China and pressure on the U.S. consumer. The Fed is not expected to raise rates this month, with a 99% probability of no hike. European markets opened lower ahead of the Fed meeting. Square CEO is set to depart the company, and Cathie Wood stands by her bullish call on Tesla. Instacart priced its IPO at $30 a share, valuing the company at around $10 billion.