US Futures Set to Open Higher After Hawkish Fed Comments; Brent Crude Prices Steady

US futures were trading higher ahead of the opening bell on Wednesday, signaling a potential end to the recent losing streak for the S&P 500 and Nasdaq. The positive momentum comes after hawkish comments from the Federal Reserve, which have investors hopeful for a turnaround in the market.

Additionally, Brent Crude prices have steadied as investors await Israel’s response to Iran’s weekend drone attack. The uncertainty surrounding this geopolitical event has kept oil prices volatile, but the market is eagerly anticipating how the situation will unfold.

Overall, the market outlook appears positive as US futures point towards a higher opening. Investors will be closely watching for any developments in the ongoing geopolitical tensions and the upcoming release of the Beige Book by the Federal Reserve. Stay tuned for more updates as the trading day progresses.