Stock market today: Dow, S&P 500, Nasdaq futures rise as Tesla, Meta, Microsoft diverge after earnings
Yahoo Finance·2026-01-28 23:43

Market Overview - US stock futures showed modest gains with the Nasdaq 100 and S&P 500 both up approximately 0.2%, while Dow Jones Industrial Average futures increased by 0.1% as investors awaited Apple's earnings report [1] - The S&P 500 is approaching the 7,000 mark, driven by a more than 8% surge in Meta shares due to a strong quarterly revenue outlook and plans to invest up to $135 billion in data centers this year [2] - Microsoft shares fell nearly 7% despite exceeding earnings expectations, attributed to a slowdown in cloud sales growth [3] Company Earnings and Performance - Tesla's stock rose over 2% as it shifted focus from electric vehicles to robotics, despite reporting its first annual revenue decline [3] - Comcast reported a loss in broadband customers, missing analysts' estimates due to increased competition [6] - Las Vegas Sands stock dropped 10% in premarket trading after earnings fell short of expectations, while Royal Caribbean's stock rose 6% following better-than-expected earnings guidance [9] - Whirlpool's stock fell 10% after an unexpected decline in sales [9] - SAP shares plummeted 15% after reporting a cloud backlog and disappointing guidance, with cloud pre-orders at $25 billion, missing estimates by 1% [10] - IBM stock surged 8% after reporting a 12% revenue growth, driven by a 14% increase in software revenue, with total revenue reaching $19.69 billion [14][15] Economic Indicators - The Federal Reserve maintained interest rates, with markets anticipating two quarter-point rate cuts by the end of the year [5][6] - Investors are closely monitoring updates on jobless claims, durable goods orders, and wholesale inventory figures for economic insights [5] Commodity Market - Gold prices surged, briefly exceeding $5,500 per ounce, amid a declining dollar and rising tensions in the Middle East [4][18] - Oil prices increased, with Brent crude futures rising 2.4% to nearly $69 per barrel and West Texas Intermediate futures jumping 2.6% to above $64, following President Trump's threats to Iran [16]

Stock market today: Dow, S&P 500, Nasdaq futures rise as Tesla, Meta, Microsoft diverge after earnings - Reportify