US stock futures fall with Fed meeting, mega tech earnings on tap

Investing.com-- U.S. stock index futures retreated in evening deals on Monday as sentiment remained strained in anticipation of a Federal Reserve meeting and earnings from some of the country’s biggest companies.

Traders were reluctant to buy back into the sector, with several tech majors set to report quarterly earnings this week, beginning with Microsoft Corporation (NASDAQ:While the firm is set to clock strong growth in earnings on the back of more artificial intelligence products, investors will be watching for any increased expenditure, and whether AI demand appeared to be sufficiently boosting earnings.

But any signals on when the bank plans to begin cutting rates will be closely watched, given encouraging signs from inflation and positive comments from Fed officials in recent months.Scan QR code to install app

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.

Stock Market Today: S&P 500 closes at record high as jobs data stoke Fed-cut betsStock Market Today: S&P 500 closes at record high as jobs data stoke Fed-cut bets
Source: Investingcom - 🏆 450. / 53 Read more »

Spooked U.S. stock market faces tech earnings minefield, Fed meetingSpooked U.S. stock market faces tech earnings minefield, Fed meeting
Source: Investingcom - 🏆 450. / 53 Read more »

US stock futures rise with Fed, big tech earnings in focusUS stock futures rise with Fed, big tech earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

Spooked stock market faces tech earnings minefield, Fed meetingRattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-ter…
Source: nypost - 🏆 91. / 67 Read more »