Meanwhile, Advanced Micro Devices Inc AMD.O rose 4.3% premarket after it forecast some strength in its data center business, while Airbnb Inc ABNB.O fell 6.1% on a bleak holiday-quarter revenue forecast. The Fed is expected to deliver a fourth straight 75 basis point hike at the end of its policy meeting on Wednesday, with the decision due at 2:00 p.m. "The Fed has said they're going to be data dependent and that is not good because the inflation numbers are still high and unemployment is low," said Fall Ainina, director of research at James Investments.