Report any bugs and Link not Found Contact Us Report!

Dow S&P Futures Move Positive Before Fed Rate Decision

US stock futures edged up on Wednesday (27/07) this morning

Dow S&P Futures Move Positive Before Fed Rate Decision

US stock futures rose on Wednesday (27/07) this morning, following a negative close for the major benchmark indexes as market participants watched earnings reports from mega-cap technology companies and the Federal Reserve's latest interest rate decision was announced later in the day's session.

At 9:11 a.m. EDT, Dow Jones futures were up 0.27% at 31846.4, S&P 500 futures were up 0.67% at 3,947.5 and Nasdaq 100 futures were up 1.27% at 12,239.0.

In the afterhours session, Microsoft (NASDAQ:MSFT) jumped 4% despite reporting fourth-quarter earnings per share (EPS) of $2.23 below the $2.29 forecast while revenue of $51.9 billion also missed a consensus of $52.43 billion.

Alphabet (NASDAQ:GOOGL) rose 5% after reporting the company's second-quarter EPS of $1.21 against expectations of $1.28, while revenue came in at $69.69 billion, below expectations of $70.04 billion.

Texas Instruments (NASDAQ:TXN) added 2.7% following the release of second-quarter earnings per share of $2.45, beating forecasts of $2.13, and revenue was $5.21 billion above forecast of $4.65 billion.

Chipotle Mexican Grill (NYSE:CMG} jumped 9% after announcing quarterly EPS of $9.30 above $9.04 on revenue of $2.21 billion from forecast of $2.25 billion.

Enphase Energy (NASDAQ:ENPH rose 9% after releasing earnings per year). quarterly stock of $1.07, beating forecasts of $0.85 on earnings of $530.2 million against consensus forecast of $507.49 million.F45

Training Holdings Inc. (NYSE:FXLV) plunged 50% after reports suggested CEO Adam Gilchrist was stepping down.

Investors will monitoring new earnings results from Boeing Co (NYSE:BA), Shopify Inc (NYSE:SHOP), Qualcomm Incorporated (NASDAQ: QCOM), and Ford Motor Company (NYSE:F).Meanwhile, the Federal Reserve is expected to announce an interest rate decision. the latest on Thursday ET and markets are expecting a 75 bps hike in the benchmark interest

Rate During Tuesday's regular session, the Dow Jones Industrial Average was down 228.50 points, or 0.71%, at 31,761.54. The S&P 500 was down 1.15 % at 3,921.05 The NASDAQ Composite is down around 1 ,87% to 11,562.57.

On the bond market, the yield on the US 10-Year bond rose 0.9% to 2.812 at 09.19 WIB. In cryptocurrencies, Bitcoin was up 0.36% at $21.151.8 at 9:37 am EDT.

Commodity news this morning, Nickel closed down 1.95% to 21,672.00 as of 00:59 WIB Wednesday morning WIB and Tin still fell 1.27% to 24,630.00 at ICE London on Monday's closing. In addition, Rubber prices reached 157.40 as of Tuesday's close in Singapore, Newcastle Coal closed up 0.91% at 414.00 on Tuesday at ICE London, and US Cocoa ended up 0.90% to 2,397.50 as of 00.29 WIB. early this morning.



Read Also :

Getting Info...

إرسال تعليق

AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.