Gold hits record as markets brace for Fed decision and Big Tech earnings

U.S. stock futures fell Sunday as investors awaited the Fed’s policy decision and a wave of Big Tech earnings. Dow futures were down about 120 points, S&P 500 futures slipped 0.2%, and Nasdaq-100 futures fell 0.4% after Intel’s Friday drop. Gold futures surged to a record above $5,000 an ounce on safe‑haven demand, while the dollar weakened and oil rose. The Fed is expected to hold rates steady with cuts unlikely until summer; Microsoft, Meta and Tesla report this week, with Apple slated for Thursday. Investors are also weighing a potential partial government shutdown and the broader’ market durability beyond tech.