US stock futures climbed Wednesday night as Wall Street digested a wave of Big Tech earnings alongside the Federal Reserve’s latest interest rate move, while waiting for the outcome of President Trump’s long-awaited summit with Chinese leader Xi Jinping, currently underway.
Dow Jones Industrial Average futures (YM=F) rose 0.2%, while S&P 500 (ES=F) and Nasdaq 100 futures (NQ=F) gained 0.3%.
The market reaction came after a packed evening of results from Alphabet (GOOG), Meta (META), and Microsoft (MSFT).
Alphabet shares surged roughly 6% after the Google parent reported stronger-than-expected quarterly results, while Meta plunged about 8% and Microsoft slipped 4% as investors parsed their earnings outlooks.
As earnings season continues, Wall Street looks towards the “Magnificent Seven” to dictate market moves. The mixed reactions from tech giant earnings have…
