NewsWare's Trade Talk: Wednesday, March 19

S&P Futures are trending higher this morning as the market prepares for this afternoon announcement on monetary policy from the Fed. No changes in rates or Dot Plot expectations are likely. President Trump's pending tariff action remains a key pending factor for the economy which Fed Chairman Powell will likely avoid commenting on during his press conference. President Trump is scheduled to meet with top U.S. oil executives today to discuss boosting domestic energy production. ADSK is higher as Starboard Value is expected to launch a proxy fight. Fitch Ratings lowered its outlook on global growth & raised its inflation expectations for the U.S. SIG is higher after its earnings release this morning. After the bell today, FIVE will report and tomorrow morning ACN, DRI, FDS & JBL are scheduled to report.