US EditionMost Markets Down as Fed Holds and Trump Announces Fresh Tariffs
NEW YORK CITY, U.S., JUL 29 – Investors analyze mixed earnings from major firms as the Federal Reserve is expected to maintain interest rates with a 98% probability, according to CME Group data.
- On Wednesday, July 30, S&P 500 futures traded near flat, with Wall Street futures edging higher ahead of the Fed rate decision.
- With earnings season in focus, Visa posted adjusted earnings of $2.98 per share on $10.17 billion in revenue, and Starbucks shares jumped 4.5% after its third-quarter report.
- Despite political scrutiny, Fed funds futures signal broad confidence in a hold amid mixed economic signals.
- Trading was mixed as S&P 500 futures edged up slightly and Dow Jones futures dipped by 9 points early Wednesday.
- Investors will parse Fed Chair Jerome Powell's comments for policy cues this coming week, alongside quarterly reports from Etsy, Meta Platforms, Microsoft, Ford and Robinhood.
83 Articles
83 Articles
US Futures Rise on Tech Earnings, Dollar Steadies: Markets Wrap
Stocks looked set to rise in the US and Europe as upbeat earnings from megacap technology companies bolstered optimism over resilient corporate profits. The dollar gave up some gains made after the Federal Reserve held benchmark interest rates.
Tech Gains Buoy Stocks After Volatile Fed Session: Markets Wrap
(Bloomberg) -- Disappointment the Federal Reserve steered clear of signaling imminent rate cuts unnerved bond traders, sending 10-year yields to the biggest runup in two weeks. Smaller declines in stocks were quickly reversed in late hours as Microsoft Corp. and Meta Platforms Inc. reported solid earnings.
InsideNoVA.com
Stocks diverge, dollar gains before tech earnings, Fed decision
Stock markets were mixed in Europe and on Wall Street on Wednesday while the dollar rose further from recent lows as investors took a cautious approach ahead of earnings from US tech giants and the latest interest-rate call from the…
The New York Stock Exchange evolves without clear direction on Wednesday, as investors digest a new salve of economic data while preparing to accept the Fed's decision on its rates, all on the basis of corporate results.
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