"Dow Jones Futures Surge Ahead of Fed Meeting and Tech Titans' Impact"

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Source: Investor's Business Daily
"Dow Jones Futures Surge Ahead of Fed Meeting and Tech Titans' Impact"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly ahead of the Federal Reserve's latest policy meeting and earnings reports from tech giants Microsoft and Google. The stock market rally continued with modest gains, as the Dow Jones extended its win streak to 11 sessions. Tesla rebounded above a key level despite an analyst downgrade, while China stocks jumped on hopes for new stimulus. General Electric, General Motors, and Cadence Design Systems beat second-quarter views, while Nucor had mixed results. The Fed meeting will determine the likelihood of another rate hike, and investors are advised to be cautious about new buys amidst the earnings flood.

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