It was a quiet night in markets as equities finished mixed as investors continued to digest a slew of corporate earnings including weak subscriber growth from Disney
Equities started the week on the front foot Monday as revived hopes for a September Federal Reserve interest rate cut triggered a sea of green across Wall Street.
Equities surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.
Equities traded higher overnight led by tech as investors continued to digest a slew of corporate earnings ahead of the crucial monthly jobs report due Friday.
It was a rollercoaster ride in equities overnight, swinging between gains and losses as the Federal Reserve kept rates unchanged on Wednesday, but the central bank maintained its easing basis, downplaying the prospect of rate hikes.
A hotter than expected wage inflation number has put extra pressure on the Fed as the US Central Bankers start their 2-day policy meeting on interest rates
Equities clawed back early losses as Tesla rallied 15% on tentative approval of Robo-Taxis in China and an upgrade for Apple, as quarterly earnings season continues to roll on just a day ahead of the latest Federal Reserve meeting.
Equities rallied Friday, clinching its best week since November, as stronger-than-expected earnings from Microsoft and Alphabet revived investor optimism in the AI-led tech bull run.
Google saved the day in afterhours trade, rallying 13% as equities closed lower, but well off session lows
Equities rallied on tech strength, notching a second-straight daily gain underpinned by mostly better-than-expected quarterly earnings just ahead of the start of earnings from the Magnificent 7, with Tesla rocketing 8% higher in after hours trade
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