Stock futures rise slightly ahead of loaded week for tech earnings

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

News News

Canada Canada Latest News,Canada Canada Headlines

Earnings from Apple and Microsoft and a Federal Reserve meeting are key events in the week ahead.

The cooling off of the tech trade has hurt the broader market indexes, but the catch-up of areas like small caps has been encouraging to many market strategists.

"Now that we're seeing more participation, even though it's caused some volatility over the past few weeks, I think this is ultimately a better story for long-term investors as we move forward," said Callie Cox, chief market strategist at Ritholtz Wealth Management.will play a role in determining whether tech stocks can now bounce back. Microsoft, Meta Platforms, Apple and Amazon are all set to report their quarterly results in the coming days.

Traders in the Fed fund futures market put the probability of the central bank holding rates steady for this meeting at roughly 96%, according to theSimone Biles

 

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:

 /  🏆 545. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market StrategyDiscover what to expect from Appleā€™s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and the tech giant's strategy as it navigates challenges in China.
Source: DailyFX - 🏆 305. / 63 Read more »

Earnings playbook: Your guide to the busiest week of the season, including Microsoft and AppleStrap in. The busiest week of the earnings season is upon us.
Source: CNBC - 🏆 12. / 72 Read more »

Buy Tesla stock ahead of Q2 earnings: BairdBuy Tesla stock ahead of Q2 earnings: Baird
Source: Investingcom - 🏆 450. / 53 Read more »