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March 18 - Futures for the S&P 500 and the Nasdaq gained on Monday ahead of the U.S. Federal Reserve's meeting this week, where the central bank is expected to keep borrowing costs steady and provide cues on its monetary policy path for the year.
A hawkish tilt by the Fed in its policy meeting that concludes on Wednesday could further pressure the high-flying indexes. Peers Micron Technology , opens new tab and Advanced Micro Devices , opens new tab added 2.8% and 1.3%, respectively. Tesla, opens new tab rose 2.8% after the electric carmaker said it would increase the price of its Model Y EVs in some European countries on March 22, by approximately 2,000 euros or its equivalent in local currencies.
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