U.S. stocks advance ahead of key tech earnings, Fed decision
FROM THE WIRE · SEEKINGALPHA.COM
[Business Professional Using Smartphone on City Street at Dusk] NoSystem images/E+ via Getty Images Wall Street's major averages were higher on Monday as technology stocks rose ahead of several Magnificent Seven tech stocks' earnings reports and the Federal Reserve's interest…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe advance comes ahead of Magnificent Seven earnings and the Fed rate decision, both of which can move markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The S&P 500 was last up about 0.7% and the Nasdaq Composite about 1%.
- 02The Dow was up about 0.3%.
- 03Alphabet, Microsoft and Amazon are set to report third-quarter earnings Wednesday and Thursday.
- 04Investors will monitor AI infrastructure investment.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Microsoft Corporation530.16 USD-0.02%today +1.08%Positive Alphabet Inc.318.95 USD-0.11%today -0.39%Positive Amazon.com, Inc.249.69 USD+0.33%today +0.68%Positive SP500—n/aPositive DJI—n/aPositive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets