News Formal

Stock market today: US futures hit pause with Fed in focus, Amazon earnings on deck

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Amazon News

Federal Reserve,Stellar Earnings,Quarterly Results

Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.

US stocks hit pause on Tuesday as investors marked time ahead of the Federal Reserve's rate decision, with earnings from Amazon on deck to test prospects for a further Big Tech-fueled rally. Futures on the S&P 500 and the tech-heavy Nasdaq 100 slipped roughly 0.1% after closing with small gains. Dow Jones Industrial Average futures wavered below the flatline.

Investors are bracing for policymakers to hold interest rates at historically elevated levels at the Fed's two-day meeting, set to start on Tuesday. The prospect of rate cuts has retreated dramatically since the start of the year, helping drive up Treasury yields — a familiar systemic problem for stocks. The yield on the 10-year Treasury held near six-month highs around 4.63% early Tuesday.

 

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 PH

Philippines Philippines Latest News, Philippines Philippines Headlines

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

Stock market today: Asian benchmarks mostly slide as investors focus on earningsTOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks waver as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks rebound as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares mostly rise as investors look to earnings and inflation signsTOKYO (AP) — Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »