Futures markets took any realistic chance of a cut off the table until at least December.

A new Federal Reserve report shared by New York revealed many Americans’ attempts to tap new credit rose to their highest level in nearly four years as of February, new data from the

By Ann Saphir and Howard Schneider March 4 (Reuters) - U.S. economic activity rose a bit, prices continued to increase and employment levels were stable in recent weeks, the Federal Reserve said on Wednesday in a report that also captured the upheaval to businesses and workers in Minnesota from the Trump administration's immigration crackdown.

For the quarter, Wall Street is looking for earnings per share of $4.15 from sales of $23.5 billion.

FedEx is due to report earnings after the closing bell Thursday. Its stock is seen nearing its record highs following the results.

Inflation came in at 2.4% -- what Wall Street was expecting -- but with oil above $90 a barrel and 92,000 jobs lost in February, the Fed is facing a tough choice.

Powell stays on Fed board amid DOJ probe, stalling successor confirmation as Trump urges rate cuts ahead of the FOMC decision.