Today’s Market Movers: Alphabet and Microsoft Earnings Loom as Fed Meeting Begins

TLDR US stock futures struggled for direction Tuesday as investors waited for Big Tech earnings and the Federal Reserve’s rate decision. Celestica shares jumped 16% after strong third-quarter results and a higher full-year outlook tied to AI infrastructure demand. Whirlpool shares fell 8.8% after a surprise loss and lower full-year guidance. Nucor, Novartis and Cadence Design Systems all reported third-quarter results, with Nucor and Novartis shares rising in premarket trading. Alphabet and Microsoft report Wednesday, and investors see only 10% odds of a Fed rate hike, per CME Group. US stock futures struggled for direction on Tuesday morning. Investors held back from big moves ahead of Big Tech earnings and the Federal Reserve’s interest rate decision. Contracts on the Nasdaq-100 fell 0.3%.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.