S&P Futures Tick Lower Ahead of FOMC Meeting, Microsoft and Alphabet Earnings on Tap

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March S&P 500 E-Mini futures (ESH24)are trending down -0.05% this morning as investors looked ahead to the first Federal Reserve monetary policy committee meeting of the year and quarterly reports from heavyweight names. In Monday’s trading session, Wall Street’s major averages ended higher, with the benchmark S&P 500 and blue-chip Dow rising to new record highs. SoFi Technologies Inc. (SOFI) surged over +20% after the digital financial services provider reached profitability in the fourth quarter for the first time since going public in 2021 and issued strong FY24 guidance. Also, Archer-Danie…

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