Most markets fell Wednesday following a tepid day on Wall Street as investors bided their time ahead of a highly anticipated Federal Reserve policy announcement later in the day.

Earnings from tech giants Oracle and Broadcom this week are also in view amid lingering worries about an artificial intelligence-fuelled bubble that caused some panic on trading floors last month.

With US central bankers expected to cut interest rates for the third straight session later Wednesday, the main focus is on their post-meeting statement, boss Jerome Powell's news conference and the "dot plot" forecast for 2026 policy.

After November's tech-led swoon, markets have enjoyed a healthy run in recent weeks as weak jobs figures reinforced expectations for another step lower in borrowing costs.

But that has

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