"Market Preview: Big Tech Earnings, Fed Meeting, and Jobs Report Updates"

1 min read
Source: CNBC
"Market Preview: Big Tech Earnings, Fed Meeting, and Jobs Report Updates"
Photo: CNBC
TL;DR Summary

U.S. stock futures fell as traders anticipated big tech earnings reports and the Federal Reserve's rate policy decision. The previous week saw modest market gains despite strong economic data, with notable companies like Intel and Tesla disappointing on earnings. This week, mega-cap tech companies like Microsoft, Apple, Meta, Amazon, and Alphabet are set to report earnings, while investors also await the Federal Open Market Committee's meeting. The Fed is expected to keep rates steady, with a high probability of no rate cuts, as the economy shows signs of cooling down.

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