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* Home Depot falls on weak 2020 sales growth forecast
* Fed decision awaited at 2 p.m. ET
* Futures: Dow off 0.10%, S&P 500 up 0.14%, Nasdaq up 0.25%
(Adds comments, updates price action)
By Arjun Panchadar and Shreyashi Sanyal
Dec 11 (Reuters) - The S&P 500 and Nasdaq indexes were set
to open slightly higher on Wednesday, with investors awaiting
the Federal Reserve's decision on monetary policy, while losses
in Home Depot looked set to pressure the Dow Jones index.
The Fed is widely expected to keep interest rates steady in
its last policy statement, due at 2:00 p.m. ET (1900 GMT).
Investors are also awaiting Fed Chair Jerome Powell's outlook on
the economy when he holds a news conference later in the day.
"Obviously the Fed isn't going to change rates and my sense
is that they are pretty happy where they are right now," said
Scott Brown, chief economist at Raymond James in St. Petersburg,
Florida.
Stocks have stalled so far in December after three straight
months of gains as a combination of year-end fatigue,
uncertainty over U.S.-China trade talks and global growth
concerns has weighed on markets.
At 8:44 a.m. ET, Dow e-minis 1YMcv1 were down 29 points,
or 0.1%. S&P 500 e-minis EScv1 were up 4.25 points, or 0.14%
and Nasdaq 100 e-minis NQcv1 were up 20.75 points, or 0.25%.
Trump has just days to decide whether to impose levies on
nearly $160 billion in Chinese goods. "The cautionary thing is that we've seen these bits of news
and eventually had tariffs raised. So we are definitely not out
of the woods on trade policy," Brown said.
The White House's top economic and trade advisers are
expected to meet in coming days with Trump over the decision, a
source told Reuters, though a final decision has not been made.
Also slated for this week is the European Central Bank
meeting on Thursday, along with general elections in Britain.
The blue-chip Dow Jones Industrial Average index .DJI was
set to open lower, with Home Depot Inc HD.N falling 1.7% in
premarket trading.
The home improvement chain forecast fiscal 2020 sales growth
below Wall Street expectations, weeks after lowering its 2019
sales forecast.
Tesla Inc TSLA.O gained 1% on a Reuters report that the
electric carmaker planned to increase prices of imported Model 3
cars in China in January.