Markets Hold Near Flat Ahead of Mega‑Cap Earnings and Fed Wrap

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Source: CNBC
Markets Hold Near Flat Ahead of Mega‑Cap Earnings and Fed Wrap
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TL;DR

Stock futures were little changed ahead of earnings from Alphabet, Amazon, Meta and Microsoft and the closing of the Fed’s policy meeting. In regular trading, the S&P 500 and Nasdaq dipped while the Dow drifted lower; after hours, Starbucks rose on a higher full-year outlook, Robinhood fell after weak results, and Seagate and NXP jumped on earnings beats. Wheat prices climbed to near two-year highs amid Iran-related tensions, and investors expect no near-term rate move as Powell’s term winds down.

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