Stock futures fall as Microsoft drops after results, Wall Street awaits Fed decision: Live updates

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Stock futures fall as Microsoft drops after results, Wall Street awaits Fed decision: Live updates
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Microsoft shares tumbled in extended trading and traders awaited the Federal Reserve’s rate policy decision.

also outperformed, rising about 0.4% as investors continued buying into small caps amid the shift away from major tech names that have led the market higher for much of the year.

Fed funds futures are pricing in a strong likelihood that central bankers will keep rates steady at the 5.25% to 5.5% range, according toFirst Solar tops second-quarter estimates but leaves forecast unchanged amid election uncertainty In the runup to the announcement, traders will monitor economic data on private payrolls, employment costs and pending home sales due throughout the morning. On the corporate earnings front, they will watch for releases from

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