Stock futures rise slightly after Fed rate decision, Big Tech earnings loom

Wang Ying | Xinhua News Agency | Getty Images

Dow Jones Industrial Average futures climbed 18 points, or 0.1%. S&P 500 futures gained 0.1% and Nasdaq 100 futures advanced 0.2%.. The central bank noted that while the economy has recovered slightly, activity and employment remain "well below their levels at the beginning of the year." Fed Chairman Jerome Powell added the central bank will keep an accommodative stance until the economy has "weathered" the effects of the coronavirus pandemic.

Both the S&P 500 and Nasdaq Composite closed more than 1% higher on Thursday. The Dow climbed 160.29 points, or 0.6%. The four companies are slated to report earnings Thursday after the bell. Those reports come after each stock has posted massive year-to-date gains. Facebook and Alphabet are both up more than 13% in 2020. Amazon has surged 64.2% in that time and Apple is up 29.5% this year. It will also be the busiest day of the current earnings season.

Is anyone going to tell the financial press that a stimulus deal is not going to happen this week?

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Stock market live updates: Stocks rise, Kodak rockets higher, Big Tech hearings and Fed aheadShares of Tesla jumped after Morgan Stanley raised its base case target on the stock to $1,050 and its bull case forecast to $2,500. $TSLA Follow along with the latest stock market updates here: lol lol lo GO Nice. I am curious to see where WKHS will end up this year. Especially if they can get the USPS contract. 🤣 can’t make this stuff up
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US stocks rise ahead of Fed meeting, Big Tech testimony | Markets InsiderUS stocks rose Wednesday ahead of a key Federal Reserve policy meeting and congressional testimony from big tech companies including Facebook an... Yes, that does happen when Congress and the Fed choose to guarantee asset prices. ETFs are always going to rise over long time horizons! Stop reading this and start increasing your financial literacy instead.
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Dow gains 163 points following Fed meeting, Big Tech testimony - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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