Stock futures are almost unchanged on Wednesday evening after a huge market rally following Donald Trump's decisive victory in the presidential election. Traders await the Federal Reserve's interest rate decision on Thursday afternoon.

Futures tied to the Dow Jones Industrial Average 30 points or 0.1% added. S&P 500 futures And Nasdaq 100 futures also rose by around 0.1% each.

Trump's triumph in the race for the White House triggered a surge in stock prices that sent the blue chip into the abyss Dow Increase of more than 1,500 points. The Dow, S&P 500 And Nasdaq Composite All hit new all-time highs during the session, while small caps focused on them Russell 2000 rose by more than 5%.

Bitcoin, the U.S. dollar and bank stocks all jumped as part of the post-election surge on Wednesday. On the other hand, several international funds and solar stocks struggled as investors expected the president-elect's policies to hurt these names.

“The results are in and financial markets can breathe a little easier without having to worry about a lengthy election process,” said Scott Helfstein, head of investment strategy at Global X ETFs. “Investors should still be cautious about overreacting or underreacting to geopolitical news. These events can typically cause large swings in asset prices, but fundamentals will prevail over time.”

Market participants will be closely watching the Federal Reserve's interest rate decision on Thursday and Chairman Jerome Powell's subsequent press conference. Fed fund futures are currently pricing in a 100 percent chance that the central bank will cut borrowing costs at this meeting, according to CME Group's Fed Watch tool.

This would be a second straight cut following the Fed's cut in September, the first since 2020. Ahead of the afternoon announcement, traders will be watching economic data on jobless claims and wholesale inventories.

The quarterly profits are obvious Moderna And Warner Bros. Discovery before the bell on Thursday. Results for block, Pinterest And Rivian are due in the afternoon.