News Formal

Stock market today: US futures slip amid earnings rush, Fed teeters

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Earnings Reports News

Federal Reserve,Minneapolis Fed,Neel Kashkari

While techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.

US stocks tipped lower before the bell on Wednesday as investors tried to read the rate-cut runes and weighed a fresh batch of earnings reports for insight into the chance of a Corporate America-spurred revival. S&P 500 futures dipped roughly 0.2% after ekeing out a fourth daily win in a row. Futures on the Dow Jones Industrial Average were little changed, while those on the tech-heavy Nasdaq 100 fell 0.2%.

Fed officials Lisa Cook and Philip Jefferson are slated to speak Wednesday. Uncertainty about corporate earnings also gave some investors pause as the season entered its final stretch. While techs have mainly delivered on high expectations, the focus is now on whether other sectors can match up. On Wednesday's docket, Uber's forecast for a key bookings metric missed the mark, dragging its shares down almost 7% in pre-market trading.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Stocks gain as Fed rate hopes fuel continued rallyStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US futures climb as Fed rate-hike fears fade, with Apple on deckInvestors are accentuating the positive in Jerome Powell's policy comments and looking ahead to Apple earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian markets wobble after Fed sticks with current interest ratesHONG KONG (AP) — Asian markets wobbled in Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks end mixed in volatile session after Fed decision, Powell commentsFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks rally after Fed decision as Powell soothes rate nervesFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500 futures slide with Fed's Powell in the spotlightFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »