Live Updates: S&P 500 Futures Steady as Investors Analyze Tech Earnings and Anticipate Trump’s Fed Visit

Early Thursday, the stock market showed little change, with S&P 500 futures slightly up by 0.1%. The Nasdaq 100 futures rose by 0.3%, while Dow Jones futures fell by 188 points, or 0.4%.

Big Tech companies reported varying earnings, adding to the mixed sentiment. Alphabet’s stock climbed 3% following a strong earnings report, while Tesla’s shares dropped by 6% due to disappointing auto revenue. IBM faced a nearly 6% decline after missing software revenue expectations, contributing to the downturn in Dow futures.

On the political side, President Trump planned a visit to the Federal Reserve. This marks the first presidential visit to the Fed in nearly twenty years, raising eyebrows in financial circles.

The stock market had a solid performance on Wednesday, with the S&P 500 recording its twelfth record close of the year, aided by positive updates on trade talks. The Dow Jones saw a gain of 1.14%, just shy of a new record. The Nasdaq Composite also showed gains, climbing 0.61%, surpassing the 21,000 mark for the first time.

Recent developments include Trump announcing a significant trade deal with Japan. This includes reciprocal tariffs of 15% on various goods. Additionally, reports indicate that the U.S. is nearing a trade agreement with the EU, aiming to implement similar tariffs.

These trade negotiations seem to be boosting investor sentiment. According to Jeremy Siegel, a finance professor at Wharton, “Seeing clarity in these deals is bullish. It keeps the momentum going in the stock market.”

In summary, the interplay of tech earnings, political maneuvers, and trade talks is shaping today’s market atmosphere. As the situation evolves, investor reactions will likely continue to influence stock trends.



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