Market Overview for the Week: Fed's Interest Rate Decision and Major Earnings Reports

Reported about 13 hours ago

Investors can expect a significant week ahead as the Federal Reserve is anticipated to announce its second interest rate cut of the year, reducing the federal funds rate by a quarter percentage point. Meanwhile, major tech companies, including Apple, Microsoft, Meta, Amazon, and Alphabet, are set to report their earnings, providing updates on the state of artificial intelligence and other market dynamics. This comes amidst a continuing government shutdown affecting economic data releases.

Source: YAHOO

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