"Tech Earnings and Fed Decision Drive Mixed Day for Stock Market"

TL;DR Summary
The stock market closed mixed with the Nasdaq falling ahead of Big Tech earnings, while the Dow rose and the S&P 500 traded flat. Microsoft reported earnings that beat expectations, while Alphabet's ad revenue missed expectations. AMD's fourth quarter revenue met analyst expectations, and the company expects first quarter revenue to be approximately $5.4 billion. General Motors beat expectations for sales and revenue, with shares rising nearly 8%. Investors are awaiting the Federal Reserve's interest rate decision at the end of its two-day meeting on Wednesday.
- Stock market today: Nasdaq falls ahead of Big Tech earnings Yahoo Finance
- Microsoft beats Q2 earnings on cloud strength, shares flat Yahoo Finance
- Microsoft, Alphabet, and Other 'Magnificent 7' Expected To Boost S&P 500 Earnings Investopedia
- S&P 500 closes little changed Tuesday as Fed rate decision looms: Live updates CNBC
- Dow edges up, Nasdaq falls as Microsoft results, Fed interest-rate decision loom MarketWatch
Reading Insights
Total Reads
0
Unique Readers
12
Time Saved
10 min
vs 11 min read
Condensed
96%
2,015 → 86 words
Want the full story? Read the original article
Read on Yahoo Finance