Reported 1 day ago
Nasdaq futures increased on Wednesday, driven by strong orders from ASML, boosting chip stocks, while the S&P 500 and Dow remained stable ahead of important earnings reports from major tech companies and the Federal Reserve's interest rate decision. Investors are cautious, waiting for clarity on future rate cuts and the Fed's stance in response to recent tariffs. ASML's shares jumped 7% in pre-market trading, alongside gains from other tech firms like Applied Materials, while Alibaba's release of a competitive AI model added to the day's market movements.
Source: YAHOO