Fed Holds Rates Steady But Signals Future Tightening; Dow Futures Jump 260 Points, Oil Is At $75.99

On Wednesday, U.S. stock futures advanced as investors digested the Federal Reserve's decision to leave interest rates unchanged.

Dow, S&P 500 And Nasdaq Futures Move Higher

Dow futures rose 260.00 points, or 0.50%, to 51,779.00, while S&P 500 futures gained 54.25 points, or 0.73%, to 7,478.75 and Nasdaq 100 futures climbed 351.50 points, or 1.18%, to 30,039.00 as of around 8:52 p.m. EDT.

In commodities, WTI crude oil fell 1.04% to $75.99 per barrel, while Brent crude declined 0.93% to $78.81 per barrel. Natural gas futures edged up 0.64% to $3.165 per MMBtu.

Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood at 100.273, down 0.11%.