Today’s Market Movers: Alphabet and Microsoft Earnings Loom as Fed Meeting Begins
Photo: CoinCentral
TLDR US stock futures struggled for direction Tuesday as investors waited for Big Tech earnings and the Federal Reserve’s rate decision. Celestica shares jumped 16% after strong third-quarter results and a higher full-year outlook tied to AI infrastructure demand. Whirlpool shares fell 8.8% after a surprise loss and lower full-year guidance. Nucor, Novartis and Cadence Design Systems all reported third-quarter results, with Nucor and Novartis shares rising in premarket trading. Alphabet and Microsoft report Wednesday, and investors see only 10% odds of a Fed rate hike, per CME Group. US stock futures struggled for direction on Tuesday morning.
Source: CoinCentral
