U.S. stock futures rose ahead of a busy week of megacap earnings and a possible Federal Reserve rate move, while oil fell after Iran paused attacks; investors weigh AI-spending trends and ongoing geopolitical tensions after a negative week.
Futures were little changed ahead of the Federal Reserve’s policy decision as the Dow climbed to intraday highs near 52,000 before finishing near that level, while the S&P 500 and Nasdaq declined. SpaceX extended gains, and headlines about a potential U.S.–Iran deal and a 60‑day ceasefire added volatility. The Fed, under new chair Warsh, is expected to hold rates at 3.5%–3.75% and likely skip a new dot-plot. CarMax and Jabil are due to report earnings this week as investors await May retail and pending home sales data. Seven of 11 sectors finished higher, led by financials, with information technology lagging; Asia-Pacific markets opened mixed after a BoJ rate hike.
The European Central Bank raised its key rate to 2.25%—the first major move to combat inflation fueled by higher energy costs amid the Iran war—and signaled a data-dependent path ahead. With euro-area inflation around 3.2% and oil prices climbing, policymakers warned further steps aren’t pre-committed and will depend on how energy prices evolve. Oil traded near $93 a barrel, complicating the inflation fight and growth outlook. The ECB’s decision comes as the Fed, Bank of Japan, and Bank of England prepare to meet next week, with the Fed expected to hold rates for now but potentially hike later if inflation remains elevated.
U.S. stock futures declined after the Fed kept rates unchanged and oil climbed on Middle East tensions; the Dow and S&P fell while the Nasdaq edged higher, with Meta dropping about 7% after-hours on weak user growth, Microsoft flat, Alphabet up around 7% on strong revenue/cloud performance, and Amazon rising ~3% on cloud growth. Regular trading saw mixed results across indices, and investors await earnings from Lilly, Mastercard, Merck, Caterpillar, Roku, Apple, Rivian, Roblox, and Twilio, along with key economic data on initial jobless claims, Q1 GDP, personal income/spending, and the PCE price index.
U.S. stock futures are mixed as mega-cap tech earnings prime the AI-driven capex cycle, with Alphabet, Amazon, Microsoft and Meta signaling strong cloud/infrastructure demand and contributing to a roughly $131 billion Magnificent 7 AI-related spend in Q1. Meanwhile, Brent and WTI oil advanced to multi-year highs on Middle East tensions and supply concerns. The Federal Reserve left rates unchanged at 3.5%–3.75% and Powell said he’ll remain on the board after his chair term ends; ECB and BOE decisions are due soon, with markets eyeing potential June moves in Europe as oil-driven inflation dynamics loom.
US stock indices slide as hotter-than-expected producer price index data raises expectations for tighter policy, with the Dow, S&P 500, and Nasdaq dropping ahead of the Federal Reserve’s upcoming decision.
Asia-Pacific stocks rose with South Korea's Kospi up over 5% to lead gains, Japan's Nikkei 225 up about 2.9% as exports beat expectations, and markets awaited the U.S. Federal Reserve's rate decision; energy-security concerns grew after attacks on UAE infrastructure amid ongoing Middle East tensions.
U.S. stock indexes rose for a second consecutive session ahead of the Federal Reserve's policy decision, with broad gains across major indices as investors weigh upcoming guidance and rate expectations.
U.S. stock futures are rising as investors focus on upcoming earnings reports and await the Federal Reserve's decision, indicating cautious optimism in the market.
The stock market faces a critical week with a Federal Reserve interest rate decision and major tech earnings reports, amid ongoing government shutdown concerns. While a rate cut is expected, market focus is on the Fed's stance on quantitative tightening, which could surprise markets. Earnings from key tech giants will also influence market direction, with political and trade uncertainties adding to volatility. The outcome of these events could determine whether Wall Street's rally continues into year-end.
Asian stocks were mixed ahead of the U.S. Federal Reserve's policy decision, with Japanese stocks near record highs after trade data showed a smaller-than-expected deficit, while markets await clues on future easing from the Fed's updated projections.
JPMorgan traders anticipate the Federal Reserve's upcoming decision on interest rates and expect the market to react accordingly, though specific outcomes remain uncertain.
US stock futures are flat as the Nasdaq reaches a new high, with investors awaiting the Federal Reserve's decision, indicating cautious market sentiment ahead of upcoming monetary policy announcements.
Stock markets wavered ahead of the Federal Reserve's interest rate decision, with Nvidia rallying on a price-target hike and major earnings reports from Meta and Microsoft due after hours. The Dow was flat, while the S&P 500 and Nasdaq gained slightly, amid positive economic data and rising Treasury yields.
The focus in the market has shifted to next week's Fed decision, with speculation on the number of rate cuts. Currently, the market anticipates a shift to a median of two rate cuts instead of three. Despite this, some analysts believe that the market may be overemphasizing the significance of the dot plot, as the Fed's decision will ultimately depend on economic data and the central bank's easing bias. The US dollar is reacting to this speculation, with EUR/USD testing weekly lows, but the true impact of the Fed's decision may not be fully realized until next week.