Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, while Intel’s adjusted earnings and revenue top analysts’ estimates. Chevron’s adjusted earnings miss expectations.
Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET.
However, the U.S. stock market could move sharply on Jan. 29 and Jan. 30 based on commentary from the Federal Reserve, and earnings results from several "Magnificent Seven" companies: Apple ( AAPL 3.65%), Meta Platforms ( META 2.19%), Microsoft ( MSFT 2.91%), and Tesla ( TSLA 0.24%). Read on for details.
Nasdaq-100 rises as Apple earnings boost tech stocks. Investors await key PCE inflation data for market direction. Will US indices extend gains today?
S&P 500 futures are near flat Thursday night as investors analyzed earnings reports from Apple and other well-known companies ahead of the release of a closely followed inflation report. Futures tied to the broad index ticked higher by 0.1%, while Nasdaq 100 futures added 0.3%. Dow Jones Industrial Average futures added 53 points, or 0.1%.
Away from equities, the U.S. dollar index jumped 0.4% to trade at 108.235 against a basket of its global peers after President Trump reiterated his threat to apply a 25% tariff on imported goods from Canada and Mexico, which operate in a trade agreement that he renegotiated in 2019, starting Feb. 1.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
Wall Street's main indexes opened modestly down on Wednesday, influenced by losses in major tech firms Apple and Nvidia. Investor attention was primarily focused on the anticipated U.S. Federal Reserve's interest-rate decision,
The stock markets are bracing for a volatile day as losses in tech giants Apple and Nvidia might prevent broader gains. The focus shifts to the U.S. Federal Reserve's interest-rate decision. Meanwhile,
Wall Street ended up on relief Meta and Microsoft kept their AI spending plans even amid mixed earnings. Next up, Apple earnings.
(Reuters) -U.S. stock index futures rose on Friday after Apple forecast strong sales growth, while investors awaited key inflation data that could influence the Federal Reserve's policy decisions.
The Federal Reserve's favorite inflation gauge is due out this morning. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.