The S&P 500 index futures pushed modestly higher on Tuesday amid ongoing digestion of global trade developments, earnings results, and anticipation for the upcoming Fed decision.

Overnight, bulls sustained a steady climb despite the headline noise, establishing the early low at 6972. Gains stalled around the psychological 7000 level until the regular session began. Bulls repelled early selling pressure and tested the premarket high, then resumed the advance after a brief pause, reaching a peak of 7018.50 just before noon.

Profit-taking emerged around midday, but buyers quickly countered in the afternoon to defend the 7000 handle. Sellers trimmed some gains in the closing minutes. The session closed near the day’s high at 7008.50, up 27.25 handles.

Wednesday features the FOMC interest-rate decision at 2:00 PM ET (97% chance of no change per CME FedWatch) followed by Fed Chair Jerome Powell’s press conference, plus another heavy batch of earnings including Microsoft Corp. (NASDAQ: MSFT) and Meta Platforms, Inc. (NASDAQ: META) at 4:05 PM ET and Tesla, Inc. (NASDAQ: TSLA) around 4:07 PM ET.

Among top index components, Amazon.com Inc (NASDAQ: AMZN) led as the biggest gainer, climbing $6.26 or 2.63% to close at $244.68. 

That performance was a significant six times better than the cash index’s 0.40% advance. 

On the other hand, Berkshire Hathaway Inc (NYSE: BRK.B) was the biggest loser, dropping $8.80 or 1.82% to close at $474.67.