U.S. stocks open lower as investors assess Big Tech earnings, await Fed’s interest-rate decisions

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stock indexes opened lower on Wednesday morning as investors digested mixed earnings from Microsoft and Alphabet ahead of a Federal Reserve...

U.S. stock indexes opened lower on Wednesday morning as investors digested mixed earnings from Microsoft and Alphabet ahead of a Federal Reserve interest-rate decision that could push borrowing costs to their highest in 22 years. The Dow Jones Industrial Average DJIA, +0.04% was off 4 points, leaving it nearly flat at 35,435, while the S&P 500 SPX, -0.09% shed 0.2% and the Nasdaq Composite COMP, -0.22% dropped 0.5%. Later on Wednesday, the U.S.

rose 6.6% after the Google parent topped Wall Street profit and sales estimates on strong advertising sales.

 

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

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Dow futures lackluster after scorching rally; Big Tech earnings in focus By Reuters⚠️BREAKING: *U.S. STOCK FUTURES POINT TO HIGHER OPEN AHEAD OF BIG TECH EARNINGS AND FED; DOW SET FOR 12TH STRAIGHT DAY OF GAINS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Big investors sold tech stocks ahead of key earnings reports, Bank of America saysBank of America clients sold a record amount of single stock positions last week.
Source: CNBC - 🏆 12. / 72 Read more »