Stock Market Today: Megacap Earnings from Microsoft, Alphabet, and Meta Come After Fed Chair Powell's Surprising Remarks

Market Overview - U.S. markets opened positively with Nasdaq up by 0.60%, Dow by 0.4%, and S&P 500 by 0.35%, while Russell 2000 lagged at 0.03% [2] Earnings Reports - Teradyne saw a significant increase of 16% after beating Q3 earnings and providing strong Q4 guidance driven by AI demand [3] - Centene experienced a 10% rise following a positive earnings report and an improved outlook for the year [3] - Fortive also reported a gain of 9.3% [3] Major Declines - Fiserv faced a dramatic decline of 36% after a significant Q3 earnings miss and a downward revision of its full-year guidance, leading to a shake-up in leadership and board [4] - Other notable losers included Avantor at -16%, Garmin at -12%, and Generac Holdings at -11.7%, all reacting negatively to earnings reports [5] Upcoming Events - Over 300 firms are scheduled to report earnings today, including major companies like Caterpillar, Boeing, and Verizon [7] - The Federal Reserve is expected to announce its decision on interest rates later in the day, which could impact market dynamics [7] - Additional factors influencing the market include discussions about a potential China trade deal and concerns regarding SNAP and WIC programs, alongside a prolonged government shutdown [7]