Stock futures were little changed Wednesday as Wall Street braced for the Federal Reserve’s latest policy decision on interest rates after closing out a terrible month. Futures tied to the Dow Jones Industrial Average slipped 26 points, or 0.06%. S&P 500 futures and Nasdaq 100 futures rose 0.04% and 0.07%, respectively. Futures came off their lows after the Treasury detailed plans of the size of its future bond sales amid growing concerns of the U.S. government’s rising debt load. It appeared to be in-line with what traders were expecting. The Treasury will auction $112 billion in debt next week, largely matching what Wall Street was expecting. The 10-year Treasury yield slipped slightly after the Treasury announcement. Private sector payrolls in October came in weaker than expected, the ADP said Wednesday. Companies added 113,000 workers last month, lower than the 130,000 anticipated by economists polled by Dow Jones. Those moves come as traders turn their eyes to Washington for the Fed’s latest policy announcement. Central bankers are largely expected to maintain rates steady, with fed funds futures pricing suggests a more than 99% probability that rates will remain at current levels, according to the CME FedWatch Tool. The decision is slated for release at 2 p.m. ET, followed by a news conference with Chair Jerome Powell at 2:30 p.m. ET. “They’re done with respect to the fed funds rate. They’re certainly not done with respect to their balance sheet. That’s the continuous form of tightening that will continue on,” Peter Boockvar, CIO of Bleakley Advisory Group said on CNBC’s “Fast Money.” “It’s probably going to be a really boring statement … behind the scenes, though, [quantitative tightening] continues. That is taking over for the rate hikes in terms of tightening financial conditions.” Wall Street is coming off a dismal October that led the major indexes to post their third-straight losing month. The Dow and the S&P 500 ended the month lower by 1.4% and 2.2%, respectively, marking the first three-month losing streak for both indexes since March 2020. The broader index temporarily fell into correction territory. Meanwhile, the Nasdaq Composite dropped 2.8% in October. The 10-year U.S. Treasury yield rose Wednesday as investors awaited the latest Federal Reserve interest rate decision and guidance from the central bank about the outlook for monetary policy. The yield on the 10-year Treasury fell nearly 3 basis points to 4.846%. The 2-year Treasury yield slipped 2 basis points to 5.046%. Japan stocks led gains in the Asia-Pacific region a day after it’s central bank increased the flexibility around its yield curve control policy, while investors watched for a policy decision from the U.S. Federal Reserve. China’s Caixin/S&P Global manufacturing PMI fell to 49.5 in October from 50.6 in September, marking the first contraction since July and missing analysts’ forecasts of 50.8 by a large margin. Japan’s Nikkei 225 index closed 2.41% higher at 31,601.65, while the Topix added 2.53% at 2,310.68 to hit its highest level in nearly three weeks. South Korea’s Kospi ended up 1.03% at 2,301.56 and the Kosdaq climbed 0.43% to 739.23. Hong Kong’s Hang Seng index reversed earlier gains to fall slightly in its final hour of trade, while China’s CSI 300 index slipped marginally to close at 3,571.03. In Australia, the S&P/ASX 200 closed 0.85% higher at 6,838.30. Oil prices edged higher Wednesday ahead of key meetings of global central banks this week, including the U.S. Federal Reserve, while the market closely watched the latest developments in the Israel-Hamas conflict. Brent January crude futures rose 2.3%, or $1.97, to $86.99 a barrel, after falling more than 1% on Tuesday. Brent December futures settled 4 cents lower at $87.41 a barrel at the contract’s expiry on Tuesday. U.S. West Texas Intermediate crude futures gained 2.6%, or $2.08, to $83.10 a barrel after losing about 1.6% in the previous session. Gold was flat on Wednesday ahead of the Federal Reserve’s policy decision, while all eyes will be on Chair Jerome Powell’s speech later for guidance on rate path. Spot gold was little changed at $1,986.19 per ounce. U.S. gold futures added 0.06% to $1,955.5.