Stock futures gained slightly after a huge market rally following Donald Trump’s decisive victory in the presidential election. Traders are also awaiting the Federal Reserve interest rate decision Thursday afternoon.

S&P 500 futures added 0.2%, and Nasdaq 100 futures traded up 0.4%. Futures tied to the Dow Jones Industrial Average were little changed.

Trump’s triumph in the race for the White House spurred a surge in stocks that sent the blue-chip Dow soaring by more than 1,500 points. The S&P 500 jumped 2.53% for its best post-election day in history.

The Dow, S&P 500 and Nasdaq Composite all notched new all-time highs in the session, while the small cap-focused Russell 2000 jumped more than 5%.

Bitcoin, the U.S. dollar and bank stocks all jumped as part of Wednesday’s post-election advance. On the other hand, several international funds and solar stocks struggled as investors expected the President-elect’s policies to hurt these names.

“The results are in and the financial markets can breathe a little easier without concern over a prolonged election process,” said Scott Helfstein, head of investment strategy at Global X ETFs. “Investors should still be cautious about over- and underreaction to geopolitical news. These events can typically cause large swings in asset prices, but fundamentals will win out over time.”

Market participants on Thursday will closely monitor the Federal Reserve’s interest rate decision and Chair Jerome Powell’s subsequent press conference. Fed funds futures are currently pricing in a 100% likelihood that the central bank lowers the borrowing cost at this gathering, according to CME Group’s Fed Watch tool.

“It’s difficult to say whether this easing will continue in the coming months until the dust settles following the US election and the implications for inflation and currencies become clear,” said Richard Flynn, Managing Director at Charles Schwab UK. “But in the short term, we expect that today’s announcement should provide investors with a snippet of clarity in the outlook after a fortnight chock-full of market moving events.”

A rate reduction Thursday would mark a second straight cut after the Fed’s decrease in September, which was its first since 2020.