If the Federal Reserve decides to cut its key interest rate by 50 basis points, it will be important to note how central bank officials characterize the need for a jumbo rate cut instead of a 25-basis-point cut,

Dow Jones futures rose slightly Monday morning. S&P 500 futures were little changed while Nasdaq futures fell, led by Apple.  The Federal Reserve meeting takes center stage this week, with policymakers set to cut rates for the first time since the Covid crisis in 2020.

Led by positive gains for shares of Intel and Cisco, the Dow Jones Industrial Average is up Monday morning. Shares of Intel and Cisco are contributing to the blue-chip gauge's intraday rally, as the Dow is trading 182 points (0.