The U.S. markets are open with the Nasdaq, Dow, and S&P 500 all in the green. Teradyne (+16%) and Centene (+10%) beat earnings, while Fiserv (-36%) faces a dramatic downturn. Avantor, Garmin, and Generac Holdings also see negative reactions to earnings.
Wall Street faces a crucial day with record closes for U.S. equities. Over 300 firms report earnings today, alongside the Fed’s interest rate announcement. Megacaps like Microsoft and Alphabet will also release earnings this afternoon.
The conclusion of the Fed’s FOMC meeting today may see a quarter-point rate cut. Economic data includes Pending Home Sales for September and energy product stock updates. Earnings from Caterpillar, Boeing, Verizon, and others highlight key events for the day.
Read more at Yahoo Finance: Fed Decision Looms Heavy As Megacap Earnings from Microsoft, Alphabet, and Meta Await
