Global markets were mixed as crunch time neared for a divided Federal Reserve policy board and earnings results that could test sky-high valuations in the AI sector.

Wall Street futures were muted ahead of Fed interest rate announcement this afternoon.

TSX futures edged lower ahead of the Bank of Canada’s rate policy decision later this morning.

The BoC is expected to end the year back on the sidelines , likely holding interest rates steady after a string of surprisingly sturdy economic data, economics reporter Mark Rendell writes.

In Canada, investors are getting results from Transcontinental Inc. and Major Drilling Group International Inc.

On Wall Street, markets are watching earnings from Oracle Corp., Adobe Inc., Synopsys Inc.

“Everybody knows the Federal Reserve will announce

See Full Page