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

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.

Malaysia Malaysia Latest News, Malaysia Malaysia 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 »