"Market Volatility: AMD's Slide and Fed's Decision Keep Investors on Edge"

1 min read
Source: Investor's Business Daily
"Market Volatility: AMD's Slide and Fed's Decision Keep Investors on Edge"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, fell modestly as Advanced Micro Devices (AMD) reported better-than-expected earnings but gave weak guidance. The Federal Reserve is set to announce its policy meeting decision, with Fed chief Jerome Powell expected to reinforce the message of reduced need for rate hikes. Tesla stock rose after winning a lawsuit involving its Autopilot software, while Chinese EV rivals Li Auto, XPeng, and Nio reported strong October deliveries. Arista Networks, Pinterest, and Cameco gapped up on earnings, while Paycom Software plunged. An FDA advisory panel had favorable comments for a gene-therapy treatment for sickle cell disease.

Share this article

Reading Insights

Total Reads

0

Unique Readers

8

Time Saved

7 min

vs 8 min read

Condensed

93%

1,559104 words

Want the full story? Read the original article

Read on Investor's Business Daily