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Dow sheds 300 points as traders await big tech earnings
1 month ago | By Business Insider
Summary List Placement
All three major indices dipped Wednesday morning as Wall Street awaits a basket of earnings and a Fed decision this afternoon.
GameStop continued its meteoric rise following a tweet from Elon Musk.
Microsoft posted a 17% rise in sales in the latest quarter.
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US stocks fell Wednesday morning, with the Dow shedding 306 points and the S&P 500 slipping 1.14% as investors wait for a huge day of earnings.
Apple , Facebook , and Tesla are all due to release their latest figures after the Wednesday...
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U.S. Futures Lower; Tech Earnings and Fed Meeting in Focus
1 month ago | By FXCM
By Peter Nurse
Investing.com - U.S. stocks are seen trading lower Wednesday, with investors focusing on the tech sector as a number of household names report earnings and the Federal Reserve's latest policy meeting.
At 7:05 AM ET , the Dow Futures contract was down 226 points, or 0.7%, S&P 500 Futures traded 28 points, or 0.7%, lower, and Nasdaq 100 Futures dropped 15 points, or 0.1%.
The tech-heavy Nasdaq Composite is likely to outperform Wednesday, after software giant Microsoft reported a 17% increase in revenue in its fiscal second quarter on a year-on-year basis. Additionally, the...
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Tech stocks set to pull away from pack at US open as investors await big-name earnings and Fed decision
1 month ago | By Business Insider
Summary List Placement US tech stocks were set to open higher on Wednesday, as investors cheered Microsoft's earnings and looked towards more big-name reports and a Federal Reserve interest-rate decision.
Futures for the Nasdaq 100 index - which is loaded up with big tech names - rose 0.48% on Wednesday. S&P 500 and Dow Jones futures slipped 0.16% and 0.31% respectively, however, as investors took a breather after recent record highs. The dollar rose and bonds were little changed.
Asian stocks were mixed overnight after a sharp sell-off on Tuesday, which was driven by tighter credit...
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