US EditionPublished • loading... • Updated
Wall Street Week Ahead: Markets brace for pivotal week of Fed rate decision, Big Tech earnings
Investors anticipate a Federal Reserve rate cut with 96% expecting a deep reduction, alongside Big Tech earnings and US-China talks that could influence market direction.
- Sunday, NYSE stock futures rose as investors looked ahead to a widely expected Federal Reserve interest-rate move, with Wall Street focusing on the policy meeting concluding on Wednesday.
- After cooler inflation readings, the Consumer Price Index for September came in below forecasts, and slightly more than 96% of investors expect a deep cut to 375 to 400 basis points, per the CME FedWatch Tool.
- The S&P 500 and Nasdaq recorded gains of 0.79% to 6,791.69 and 1.15% to 23,204.87, while the Dow Jones Industrial Average closed above 47,000 for the first time.
- U.S. and Chinese leaders will meet Thursday in South Korea, with analysts saying `a much broader trade framework/deal could be on the table this week between US and China` that may significantly impact markets.
- Several major tech firms will report third-quarter results this week, with Alphabet, Amazon, Apple, Meta Platforms and Microsoft expected to post stronger-than-expected earnings amid AI bubble concerns.
Insights by Ground AI
Podcasts & Opinions
14 Articles
14 Articles
Wall Street Week Ahead: Markets brace for pivotal week of Fed rate decision, Big Tech earnings
Following softer-than-expected September consumer inflation figures and signs of a slowing labour market, investors are widely anticipating the US central bank will enact another 25 basis point interest rate cut on Wednesday
·New Delhi, India
Read Full Article
Dow Jones futures stay firm ahead of Fed policy decision, tech giants results
The post Dow Jones futures stay firm ahead of Fed policy decision, tech giants results appeared on BitcoinEthereumNews.com. Dow Jones futures hold firm above 47,850 during European hours, with the S&P 500 futures and Nasdaq 100 futures gaining 0.27% and 0.48%, trading around 6,950 and 26,300, respectively, ahead of the opening of the United States (US) regular session on Wednesday. US index futures show mixed performance as traders await the US …
Coverage Details
Total News Sources14
Leaning Left2Leaning Right0Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
To view factuality data please Upgrade to Premium
