"Market Rallies and Fed Meeting Looms: Dow Jones Soars, Stocks Close Higher"

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Source: Investor's Business Daily
"Market Rallies and Fed Meeting Looms: Dow Jones Soars, Stocks Close Higher"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures, S&P 500 futures, and Nasdaq futures fell slightly after hours as investors awaited the outcome of the Federal Reserve's two-day meeting. Advanced Micro Devices (AMD) reported better-than-expected earnings but gave weak guidance, causing its stock to initially fall before recovering. Tesla stock rose after a jury found its Autopilot system not at fault in a fatal accident. Arista Networks, Pinterest, and Cameco all saw their stocks surge on positive earnings reports. The stock market rally attempt showed signs of improvement, but the overall downtrend remains intact.

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