By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) - Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.

S&P 500 E-Mini futures (ESH25) are up +0.10%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.35% this morning as market participants braced for the Federal Reserve’s interest rate decision and U.

The SP 500 closed higher Tuesday as tech stocks rebounded, shifting investor focus to the Federal Reserves policy decision. The Dow Jones rose 136 points (0.3%), while the SP 500 gained 0.9%, and the Nasdaq surged 2%.

U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S&P 500 fell 0.

Meta Platforms rose 2.4% in premarket trading after beating estimates for fourth-quarter revenue, but predicted that sales in the current first quarter might miss estimates. Tesla added 2.2% after saying it was on track to roll out new,

The Federal Reserve left interest rates unchanged Wednesday, amid a cloudy economic outlook and concerns that some of President Donald Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.