New Delhi, June 17 -- The US stock futures traded with modest gains on Wednesday, 17 June, as investors awaited the Federal Reserve's first monetary policy decision under Chair Kevin Warsh.

Futures tied to the S&P 500 were little changed, while Nasdaq 100 futures rose 0.6%. Dow Jones Industrial Average futures were largely flat.

The three major US indices ended mixed on Tuesday following a sharp rally earlier in the week that was driven by optimism surrounding a potential US-Iran peace agreement, which sent oil prices tumbling and eased inflation concerns.

The Federal Reserve is widely expected to leave interest rates unchanged, but investors will closely monitor the central bank's forward guidance and updated economic projections. Pol...