Ahead of the rate decision, the ADP April Employment Change report is set to come out at 8:15 a.m. ET.S&P Global's April purchasing managers' index is scheduled for release at 9:45 a.m. ET, while ISM's April non-manufacturing PMI is due out at 10 a.m. ET.also remains a focus for investors, with the European Union having announced plans to sanction Russian oil imports on Wednesday.
U.S. President Joe Biden on Tuesday pressed Congress to pass his massive $33 billion Ukraine aid package during a visit to a Lockheed Martin plant in Alabama that manufactures Javelin anti-tank missiles.CNBC's Holly Ellyatt contributed to this market report.
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