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

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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.

 

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