US Stocks Edge Higher as Investors Await Fed Decision and Earnings
Major US indexes were edging higher early Monday as investors digested Anthropic’s IPO filing ahead of a week of corporate earnings and Wednesday’s Federal Reserve decision.
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Major US indexes were edging higher early Monday as investors digested Anthropic’s IPO filing ahead of a week of corporate earnings and Wednesday’s Federal Reserve decision.
A consumer technology roundup covers reported results, AI developments, product announcements and other corporate news from Oct. 12–16.
Most emerging Asian stock markets slipped on Wednesday, led by declines in Singapore and South Korea, as higher oil prices and US Treasury yields near multi-year highs weighed on investor sentiment. Crude climbed back above $100 a barrel as a storm heading for North American oil-producing regions and Houthi attacks on
U.S. stock futures pointed lower Monday after weekend comments from OpenAI and Anthropic executives revived concerns about the pace of AI development. Nvidia, Micron, Sandisk and Oracle were among the stocks cited as in focus.
U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season. Oil prices climbed as the U.S. carried out its 11th consecutive night of stri