Wall St futures rise ahead of ’Mag 7’ earnings, Fed decision
U.S. stock index futures rose slightly Tuesday evening after a weak regular session, as investors anticipated earnings from the 'Magnificent Seven' tech giants and the Federal Reserve's policy decision. The S&P 500, Nasdaq, and Dow had closed lower, dragged down by tech and semiconductor stocks amid concerns over AI spending and OpenAI's performance. Oil prices remained high due to ongoing disruptions in the Strait of Hormuz, adding to market tensions. Upcoming earnings from Microsoft, Meta, Amazon, Alphabet, and Apple will be closely watched for insights into AI investment sustainability.
Opening excerpt (first ~120 words) tap to expand
Investing.com-- U.S. stock index futures edged higher on Tuesday evening after a weak Wall Street session, as investors looked ahead to a pivotal stretch of “Magnificent Seven” earnings and the Federal Reserve’s policy decision. S&P 500 Futures inched up 0.2% to 7,185.75 points, while Nasdaq 100 Futures rose 0.4% to 27,278.0 points by 20:24 ET (00:24 GMT). Dow Jones Futures gained 0.2% to 49,407.0 points. Get premium Wall Street insights with InvestingPro subscription Wall St dips on OpenAI worries, oil spike In the regular session, the S&P 500 fell 0.5%, the Nasdaq Composite dropped 0.9%, retreating from recent record highs as technology stocks led declines. The Dow Jones Industrial Average slipped 0.1%.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Investing.com — News.