Futures on the S&P 500 and Nasdaq 100 are up this morning, driven by gains in technology stocks ahead of the Federal Reserve’s policy meeting. Micron Technology plans to invest $24 billion in Singapore for chip manufacturing amid a shortage. Yesterday, Wall Street saw gains with Apple, Meta Platforms, Arista Networks, and Baker Hughes leading. Economic data showed durable goods orders beat expectations. President Trump threatened to raise tariffs on South Korean imports. Fourth-quarter earnings reports continue, with companies like UnitedHealth Group, Boeing, and Texas Instruments due to report today.
In the Euro Stoxx 50, bank stocks rose, and a trade deal between the EU and India boosted sentiment. Puma Se surged after a deal with Anta, while Siegfried Holding AG jumped on acquisitions. In Asia, China’s Shanghai Composite Index and Japan’s Nikkei 225 closed higher. China’s industrial profits rose in 2025, and Japan’s services-sector inflation increased in December. In pre-market trading, chip stocks are up, while health insurance stocks are down. Nucor reported weaker-than-expected Q4 results. Today’s earnings spotlight includes UnitedHealth Group, Boeing, and more.
Read more at Barchart: Stock Index Futures Gain on Tech Boost, FOMC Meeting and Earnings in Focus
