India, July 29 -- US stock futures traded mixed early Wednesday as investors prepared for the Federal Reserve's latest interest rate decision while monitoring rising geopolitical tensions in the Middle East. Dow Jones futures slipped, while S&P 500 and Nasdaq futures posted modest gains, as oil prices surged following reports of a missile attack targeting U.S. forces in the region.

Markets are also digesting a fresh batch of corporate earnings, with stocks such as Ford and Generac rising in premarket trading, while Procter & Gamble, Visa and SK Hynix came under pressure.

Dow Futures Slip 106 Points

Dow Jones Industrial Average futures fell 106 points, or 0.2%, before Wednesday's opening bell. The decline was partly attributed to disapp...