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U.S. stock futures rose on Thursday following Wednesday’s mixed close. Futures of major benchmark indices were higher.

The Federal Reserve kept the federal funds rate unchanged at 3.5%–3.75% on Wednesday, putting its easing cycle on hold after three rate cuts last year that brought borrowing costs to their lowest since 2022.

Meanwhile, during the press conference, Fed Chair Jerome Powell declined to engage with political criticism related to ongoing legal scrutiny of the central bank, reiterating that he does not respond to comments from other officials. “We will continue to make our decisions meeting by meeting… letting the data light the way for us,” he added.

The 10-year Treasury bond yielded 4.26%, and the two-year bond was at 3.58%. The CME Group's FedWatch tool‘s projections show markets pricing an 86.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Thursday. The SPY was up 0.30% at $697.50, while the QQQ advanced 0.36% to $635.50.

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Transcript
00:00.
00:05All right, futures basically around flat here.
00:10S&P futures up 0.16%, although they are down from...
00:15In the morning highs, Dow futures up 0.04%.
00:18That's basically...
00:20That also spiked a little bit here in the morning and came back in.
00:23And the NASDAQ up...
00:250.09%.
00:26So all three indices really dancing around.
00:30Unchanged prior to Thursday's open here after that Fed decision yesterday.
00:36Let's take a look at some cues from last session.
00:38Energy and information...
00:40Technology stocks bucked the overall market trend, closing the session higher.
00:45With real estate, consumer staples, and healthcare recording the biggest losses...
00:50On Wednesday.
00:52The Federal Reserve kept the federal funds...
00:55Unchanged at 3.5% to 3.75% on Wednesday.
01:00Putting its easing cycle on hold after three consecutive rate cuts last year that...
01:05Brought borrowing costs to their lowest since 2022.
01:09Meanwhile...
01:10During the press conference, Fed Chair Jerome Powell declined to engage with political...
01:15Criticism related to ongoing legal scrutiny of the central bank, reiterating that...
01:20He does not respond to comments from other officials...
01:23Quote...
01:24We will continue...
01:25To make our decisions meeting by meeting...
01:27Letting the data light the way for us...
01:29End quote.
01:30The 10-year Treasury bond yielded 4.26% and the 2-year bond...
01:35Was at 3.58%.
01:37The CME's Fed watch tool projections showing the market's price...
01:40Pricing an 86.5% likelihood of the Federal Reserve, leaving the current rates...
01:45Unchanged in March...
01:46Which is our next meeting...
01:47Which is our next meeting...
01:48We will continue to watch this...
01:50Tool and see how that percentage changes as we get more news...
01:55Roll across.
01:56Now, we have several stocks in focus here for you...
01:58...and the first one's going to be Microsoft...
02:00off the chat's already talking about this one it fell 5.77 percent in the pre
02:05market on thursday despite recording better than expected second quarter financial results
02:10after the market closed on wednesday however microsoft's remaining performance oblig
02:15ations or rpo or the value of contracts with customers that haven't been paid
02:20it's 625 billion
02:25worth noting microsoft's still near the 80th percentile in the quality ranking in benzinga's
02:30proprietary rankings tesla is the next stock on our list the ticker here is
02:35tsla that advanced 2.71 percent after posting better than expected results
02:40for the fourth quarter and announcing plans to invest approximately two billion into ceo
02:45elon musk's artificial intelligence ai startup xai
02:50apple's the next stock on our list they report earnings tonight they were 0.48 percent
02:55higher as it is projected to post quarterly earnings of 267 per share on revenue of
03:00138.42 billion after the closing bell today
03:05metta is the next stock on our list ticker meta that jumped 7.7
03:10six seven percent after reporting fourth quarter revenue of 59.89
03:1559.89 billion that beat analyst estimates of 58.3 billion it's
03:20fourth quarter adjusted earnings came in at 8.88 per share which beat the estimate of eight
03:2516.16 per share the last stock on our list is going to be
03:30ibm this is international business machines and the ticker is ibm shares climbs
03:35seven point nine eight percent after reporting fourth quarter revenue of 19.69
03:40billion which beat the consensus estimate of 19.23 billion and adjusted
03:45earnings of four to 452 per share which beat the analyst estimate of 4 30.
03:50five to 452 per share
03:52five to 452 per share
03:55five to 5.67 billion and adjusted earnings of 15.69 billion for 14.Why do you guys
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