Stock Market Today: S&P 500, Dow Jones Futures Gain as Investors Await Fed's Preferred Inflation Data — MU, AMD, FNGR in Focus
U.S. stocks look set to open in the green on Wednesday, with futures of the Dow Jones, S&P 500, and Nasdaq 100 indices rising, following Tuesday’s lower close. Before the opening bell, all eyes will be on the latest Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, for fresh clues on the central bank’s next move.” Geopolitical risks remain in focus as Iran’s Revolutionary Guard warned Americans of a "massive economic earthquake" if President Donald Trump continues the ongoing war and economic blockade. At the same time, Trump firmly denied offering Tehran any sanctions relief, while defending his tolerance for North Korea’s nuclear weapons by describing Kim Jong Un as "a friend of mine." Meanwhile, the 10-year Treasury bond yielded 5.21%, and the 2-year Treasury bond yielded 4.87%, at the last check. The CME Group’s FedWatch tool projections show markets pricing in a 44.8% likelihood of the Federal Reserve hiking interest rates after its October meeting. Index Performance (+/-) Dow Jones 0.34% S&P 500 0.18% Nasdaq 100 0.09% Russell 2000 0.22% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which t
S. stocks look set to open in the green on Wednesday, with futures of the Dow Jones, S&P 500, and Nasdaq 100 indices rising, following Tuesday’s lower close. ” Geopolitical risks remain in focus as Iran’s Revolutionary Guard warned Americans of a "massive economic earthquake" if President Donald Trump continues the ongoing war and economic blockade. 87%, at the last check.
8% likelihood of the Federal Reserve hiking interest rates after its October meeting. 22% The SPDR S&P 500 ETF Trust (NYSE: SPY ) and Invesco QQQ Trust ETF (NASDAQ: QQQ ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Wednesday. 34. Read Also: Stock Market: Will S&P 500 Open Up or Down Today?
Stocks In Focus FingerMotion FingerMotion Inc. 32% in premarket on Wednesday after it announced plans to acquire 100% of Newbit Technology. ’s Edge Stock Rankings indicate that FNGR maintains a weak price trend in the short, long, and medium terms. Concentrix Concentrix Corp.
97% after it reported mixed third-quarter financial results and issued weak guidance for the current quarter ’s Edge Stock Rankings indicate that CNXC maintains a weak price trend in the long, short, and medium terms. Advanced Micro Devices Advanced Micro Devices Inc. 2 billion. ’s Edge Stock Rankings indicate that AMD maintains a strong price trend in the medium, short, and long term, with a poor value score.
Carnival Corporation Carnival Corporation Ltd. 41% rally on Tuesday as it raised its 2026 profit outlook after record third-quarter results and said about half of its 2027 inventory is already booked at record occupancy and prices. ’s Edge Stock Rankings indicate that CCL maintains a weak price trend in the short, long, and medium terms, with a good growth score. Micron Technology Micron Technology Inc.
75 billion after the closing bell. ’s Edge Stock Rankings indicate that MU maintains a strong price trend in the long, short, and medium terms, with a good quality score. 69 Trillion Backlog Cues From Last Session Utilities and communication services shares ended Tuesday higher, but energy, consumer staples, and materials registered the steepest drops as most S&P 500 sectors finished the session in negative territory. S.
economy’s surprising strength is shifting investor focus toward surging real interest rates. ” Consequently, he believes the Federal Reserve will need to consider additional rate hikes before year-end. ” Real yields approaching 3% are creating serious competition for equities, but stocks remain remarkably resilient because economic strength boosts corporate profits. While he warns that rising financing costs complicate the case for small-cap and highly leveraged companies, he acknowledges that equities still provide solid protection from inflation.
Looking forward, Siegel highlights artificial intelligence as a transformative economic driver. ” Upcoming Economic Data Here’s what investors will be keeping an eye on Wednesday. S. m.
ET. m. ET. 49 per barrel.
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Asian markets were higher on Wednesday, except South Korea’s Kospi index. China’s CSI 300, Australia’s ASX 200, Hong Kong’s Hang Seng, Japan’s Nikkei 225, and India’s Nifty 50 indices rose. European markets were also higher in early trading. Read Also: Jim Cramer Says Meta Must Be Seen as an ‘Enterprise Company’ as Muse AI Could Drive an '18 Times Multiple' to 24-25x Photo courtesy: Shutterstock