News Formal

Stock market news today: S&P 500, Nasdaq futures climb as Fed delivers and Meta jumps

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 19 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Dow Jones Industrial Average Futures News

Federal Reserve,Jerome Powell,Nasdaq

Strong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.

the market's confidence in a September interest-rate cut, saying it "could be on the table." Traders mostly expect a 25-basis-point reduction, butlate Wednesday. Shares in the Facebook owner climbed over 7% in pre-market trading as the market appraised its earnings beat and signs that solid digital ad revenue will give its AI investments time to pay off.) due after the bell could test the Meta-driven bullishness for techs.

Also ahead, an update on weekly jobless claims will pave the way for Friday's release of the July jobs report, watched closely for further evidence of the cooling labor market crucial to Fed policy.Andy Murray LIVE: Olympics updates and tennis scores as Boulter and Watson in action before Murray and EvansToronto, Ontario-- - Florida Canyon Gold Inc.

 

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:

 /  🏆 47. 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.

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: S&P 500 futures jump as techs rebound in countdown to FedA tech revival is helping lift stocks, with the Federal Reserve's rate decision on deck.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: S&P 500 futures surge as techs bounce back on big Fed dayA tech revival is helping lift stocks, with the Federal Reserve's rate decision on deck.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: S&P 500 edges up in wait for key earnings, Fed meeting kickoffA packed day of earnings and the start of the Fed's July meeting continue a potentially pivotal week for stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: S&P 500, Nasdaq inch higher to kick off huge week for marketsInvestors are bracing for a big week filled with a Fed rate decision, the jobs report and Big Tech earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: S&P 500, Nasdaq gain to kick off huge week for marketsInvestors are bracing for a big week filled with a Fed rate decision, the jobs report and Big Tech earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »