Market Overview - U.S. stock futures showed mixed performance following a previous advance, with Dow Jones down 0.25%, S&P 500 up 0.16%, Nasdaq 100 up 0.39%, and Russell 2000 down 0.18% [3] - The 10-year Treasury bond yielded 3.99% while the two-year bond was at 3.50% [3] Federal Reserve and Interest Rates - Investors are anticipating a 25 basis points cut in interest rates by the Federal Reserve, with a 99.9% likelihood projected by the CME Group's FedWatch tool [2] Company Earnings Reports - Microsoft Corp. is expected to report earnings of $2.97 per share on revenue of $10.61 billion [7] - Alphabet Inc. is projected to report earnings of $2.32 per share on revenue of $99.64 billion [6] - Meta Platforms Inc. is anticipated to report earnings of $8.11 per share on revenue of $57.21 billion [7] - Teradyne Inc. surged 20.91% after reporting better-than-expected third-quarter earnings [7] - Seagate Technology Holdings PLC shares climbed 7.17% after beating expectations in its first-quarter earnings report [7] Sector Performance - Consumer discretionary and information technology sectors gained on Tuesday, while real estate, utilities, and energy sectors recorded the largest losses [5] Analyst Insights - Analysts at BlackRock maintain a positive outlook on the economy and stock market, expecting Federal Reserve rate cuts to support risk assets [9] - BlackRock is overweight on U.S. equities, citing rate cuts and the impact of artificial intelligence on corporate earnings as key factors [10]
Stock Market Today: Nasdaq Futures Rise While Dow Jones Slips Ahead Of FOMC Decision—Alphabet, Microsoft, Teradyne, Seagate In Focus