The S&P 500 and Nasdaq opened at fresh record highs on Tuesday, as investors assessed a slew of earnings reports from major U.S. companies and looked ahead to the Federal Reserve's upcoming two-day policy meeting.

At 05:19 a.m. ET, Dow E-minis were up 73 points, or 0.16%, S&P 500 E-minis were up 15.25 points, or 0.24%, and Nasdaq 100 E-minis were up 93.25 points, or 0.4%. The moves follow record closing highs for the S&P and the Nasdaq on Monday in volatile trading after the U.

The conclusion of the Federal Reserve’s policy meeting on Wednesday could produce a historic dissent. If so, investors should be prepared to do, well, nothing, according to one Wall Street veteran. The Fed is seen as virtually certain to leave interest rates unchanged despite intense pressure from President Donald Trump and his allies on Chair Jerome Powell to deliver a cut.

The US Federal Reserve is expected to hold rates steady amid continued pressure from Donald Trump to lower borrowing costs. Trump had earlier announced plans to sack the Fed Chair but later abandoned any consideration of firing Jerome Powell.

U.S. stock futures traded flat Monday evening following record closes for the SP 500 and Nasdaq, as enthusiasm over the recent U.S.EU trade agreement began to ease. Futures for the SP 500 rose 0.1% to 6,

U.S. stock indexes are drifting as Wall Street waits to hear from the Federal Reserve about what it will do with interest rates. The S&P 500 was up 0.1% early Wednesday, coming off its first loss after setting all-time highs for six successive days.