US Equity Futures Edge Higher Pre-Bell as Traders Digest Corporate Earnings, Fed Kicks Off Policy Meeting

08:10 AM EDT, 10/27/2026 (MT Newswires) -- US equity futures were edging higher pre-bell Tuesday as traders continued to observe the multitude of corporate earnings releasing this week and the Federal Reserve set to kick off its two-day monetary policy meeting. Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.2%, and Nasdaq futures were 0.4% higher. Anthropic filed with the US Securities and Exchange Commission on Monday for an IPO of its Class A common stock, anticipating a November listing. The creator of the large language model Claude could have a market capitalization of about $1.5 trillion, Reuters reported, citing certain investors. The Fed policy meeting culminates with the interest rate announcement on Wednesday afternoon. The CME FedWatch tool showed that the probability of the Federal Reserve raising its target rate by 25 basis points in October is at 9.4%. Traders assessed the latest round of earnings, with Coca-Cola (KO) reporting higher fiscal Q3 comparable earnings and revenue, and Novartis (NVS) posting higher Q3 core earnings and net sales. Visa (V) is expected to report its quarterly earnings after the market closes. Analysts polled by FactSet expect earnings of $3.44 per share on revenue of $12.09 billion. Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% at $109.94 per barrel and US West Texas Intermediate crude 0.7% lower at $101.07 per barrel. The September durable goods orders report, slated for 8:30 am ET, is expected to show a 1.9% increase, compared with a 0.1% decrease in the prior month, according to estimates compiled by Bloomberg. The August S&P Case-Shiller home price index is scheduled for release at 9 am ET. The October consumer confidence index, slated for 10 am ET, is projected to fall to 81.0 from 81.9. September new home sales are seen at a 651,000 annual rate, down from 684,000 previously.