U.S. stock futures traded higher due to Fed’s statement The U.S. stock futures traded higher on Wednesday, following the Federal Reserve's statement that it would keep interest rates near zero and continue its bond-buying program. The Dow Jones Industrial Average futures rose 0.3%, while the S&P 500 futures gained 0.2%. The Federal Reserve's statement came after a two-day policy meeting, where the central bank said it would maintain its current monetary policy until the economy recovers from the pandemic. The Fed also said it would continue to buy at least $120 billion in bonds each month until substantial further progress is made towards its employment and inflation goals. The Fed's statement was seen as a positive sign for investors, as it indicated that the central bank would continue to support the economy and keep interest rates low. This is good news for businesses and consumers, as it means that borrowing costs will remain low, making it easier to access credit and invest in the economy. The stock market has been on a rollercoaster ride over the past year, as the pandemic has caused economic uncertainty and volatility. However, the Fed's commitment to maintaining its current monetary policy has helped to stabilize the market and provide some much-needed confidence to investors. The U.S. economy has been showing signs of recovery in recent months, with job growth and consumer spending picking up. However, there are still challenges ahead, including the ongoing pandemic and the potential for inflation to rise as the economy recovers. Despite these challenges, the Fed's statement has given investors reason to be optimistic about the future of the economy and the stock market. With interest rates remaining low and the central bank committed to supporting the economy, there is hope that the recovery will continue and that the stock market will continue to perform well. In conclusion, the U.S. stock futures traded higher on Wednesday due to the Federal Reserve's statement that it would maintain its current monetary policy. This is good news for investors, as it indicates that the central bank will continue to support the economy and keep interest rates low. While there are still challenges ahead, the Fed's commitment to the recovery is a positive sign for the future of the economy and the stock market.