Dow Jones futures and S&P 500 futures edged lower early Thursday while Nasdaq futures rose modestly.The Federal Reserve meeting will conclude Wednesday afternoon but the attention will quickly turn to Tesla,
The Federal Reserve is widely expected to hold its benchmark interest rate steady Wednesday, taking a pause after cutting short-term rates [by a full percentage point](
The Fed is widely expected to make no change to interest rates today, after cutting the benchmark short-term rate at every one of its last three meetings. There also won't be any quarterly economic or interest-rate projections.
Trump's plan for widespread buyouts raises plenty of questions.
In extended trading, shares of Meta Platforms and Tesla gained nearly 2% and 5%, respectively, while Microsoft shares dipped 4% after the companies reported earnings. Both Meta and Microsoft beat on the top and bottom lines, but Tesla missed expectations.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher following a rush of profit reports from some of the country’s most influential companies. The S&P 500 climbed 0.5%
Meta Platforms stock climbed 4.5 per cent after upbeat fourth quarter revenue. Tesla added 0.5% after the company announced to launch cheaper EV models in the first half of 2025. Health insurer Cigna shares shed 9.7 per cent after it forecast annual profit below Wall Street expectations and missed fourth quarter estimates.
By Amanda Cooper and Lawrence Delevingne LONDON/BOSTON (Reuters) -Wall Street shares were slightly higher on Thursday, as investors cheered earnings from Meta, but were disappointed by Microsoft,
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country's most influential companies, but drops for Nvidia and Microsoft are keeping the market in check.