A.M. Update

S&P futures are down -0.3%. The latest policy move by the FOMC will be announced at 2:00 ET followed by Fed Chair Powell’s press conference at 2:30 ET. Investors are are responding to another heavy slate of earnings news. Amazon.com (AMZN) is higher ahead of the open following better-than-expected earnings, but names like Starbucks (SBUX)…