Market Update: Fed Decisions, Trump-Xi Talks, and Big Tech Earnings Shape Wall Street
Stock markets are experiencing fluctuations as investors remain cautious ahead of significant upcoming events. Dow Jones futures slipped while Nasdaq showed some gains following the recent Federal Reserve rate cuts and earnings reports from major tech companies like Alphabet, Meta, Amazon, and Apple. Mixed results from Meta and Microsoft added to the market uncertainty. Traders are closely monitoring the outcomes of the Trump-Xi summit, which may influence market sentiment, alongside anticipated earnings from other tech giants. The current week is deemed critical, with many experts noting the interplay of economic decisions and corporate performances that could impact overall market direction.
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