Stock Market News: Futures Rise Ahead of Fed Interest Rate Hints
US stocks rose in premarket trading on Monday as traders looked forward to the Federal Reserve providing an update on when interest rates might fall.
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US stocks rose in premarket trading on Monday as traders looked forward to the Federal Reserve providing an update on when interest rates might fall.
The S&P 500 and Nasdaq 100 are set to open higher after both Alphabet and Microsoft posted strong first-quarter earnings reports.
Meta stock fell as much as 15% in after-hours trading on fears about the costs of its AI drive and lackluster revenue guidance for the second quarter.
Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed hopes of an imminent cut to interest rates.
Traders calmed down on Thursday after an unexpectedly hot inflation figure for March caused stocks to sell off on Wednesday.