Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
The Nasdaq and other major indices declined following the Federal Reserve’s first meeting of the year, with the tech-heavy index falling 1.1% by the afternoon as investors digested the central bank’s cautious stance on interest rates.
Futures tied to the Nasdaq gained on Wednesday as semiconductor-related stocks rose after chip equipment maker ASML's quarterly orders topped estimates, with focus also on a raft of company results and the Federal Reserve's rate verdict later in the day.
Major U.S. stock averages lost ground Wednesday afternoon, mostly remaining in the red after the Federal Reserve paused its run of interest rate cuts while pointing to a stall in inflation progress. The Fed's widely expected decision arrived before Big Tech companies start rolling out their quarterly reports late Wednesday.
Nasdaq futures inched higher on Wednesday as chip sector stocks gained after quarterly orders for semiconductor equipment maker ASML exceeded expectations, while investors awaited the Federal Reserve's interest-rate decision later in the day.
Major averages drift lower on Wednesday, as investors turned their focus to the upcoming interest rate decision, and big tech earnings slated for later in the day. Early on and the S&P 500 (SP500) was -0.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
American stocks crashed on Monday as focus shifted to the upcoming Federal Reserve interest rate decision and as concerns about DeepSeek’s success. Futures tied to the Dow Jones index fell by over 1%,
The S&P 500 and the Nasdaq Composite rebounded Tuesday from a technology-led selloff the prior session as the Federal Reserve's two-day monetary policy meeting got underway. The Nasdaq Composite was up 2% at 19,
The S&P 500 and the Nasdaq fell sharply on Monday, led by Nvidia and other chipmakers as popularity of a low-cost Chinese artificial intelligence model raised investor worries about the outlooks for current AI leaders in the United States.
U.S. stocks ended higher on Tuesday, with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains. The Nasdaq jumped 2% and AI chip leader Nvidia rose 8.