New Delhi, Jan. 28 -- US stock index futures pointed to a steady open during Wednesday's session, January 28, as investors remained cautious ahead of the Federal Reserve's policy decision due later in the day.

In pre-market trade, three key benchmarks were trading mixed. Dow Jones Industrial Average futures fell 0.02%, S&P 500 futures rose 0.17%, and Nasdaq-100 futures advanced 0.79%, largely led by tech stocks.

Markets largely expect the Fed to hold interest rates steady after lowering rates in each of the last three policy meetings. However, investors will closely track cues about the timing of future cuts. The meeting also comes as the Fed faces sharp challenges from President Donald Trump's administration, sparking concerns that its...