The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Fear” zone on Tuesday.

U.S. stocks settled mixed on Tuesday, with the Dow Jones index surging to a record high during the session amid declining crude oil prices. However, the Nasdaq dipped over 1% as chip stocks moved lower.

The Federal Reserve will announce its policy decision today. Futures price a roughly 97% chance the Fed holds its benchmark rate at 3.5%-3.75%, but markets still assign about 70% odds to at least one hike before year-end, leaving Warsh's debut press conference as the session's gravitational center.

On the economic data front, the New York Fed’s services business activity index declined by 4 points to -10.1 ...