Investing.com - Nasdaq and S&P 500 futures ticked up on Wednesday, after stock markets stabilized in the prior session in the wake of sharp declines earlier in the week that were inspired by a new Chinese AI model.
Shares of ASML jumped 10.6% after the Dutch company reported better-than-expected fourth-quarter bookings of 7.088 billion euros ($7.39 billion). Its peers ASM International, BE Semiconductor and Infineon gained between 2.7% and 7.5%. Technology was the top winning sector, soaring 4.5%.
US stock futures and European equities advanced, following Wall Street’s rebound from a global market selloff as focus turns to the Federal Reserve’s interest-rate decision and US tech earnings.
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
The stock markets are bracing for a volatile day as losses in tech giants Apple and Nvidia might prevent broader gains. The focus shifts to the U.S. Federal Reserve's interest-rate decision. Meanwhile,
European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U.S. and China eases.
U.S. stocks are edging lower after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy in September. The
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades. Most markets in Asia were closed on Wednesday.
The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,
US stock futures and European equities advanced, following Wall Street’s rebound from a global market selloff as focus turns to the Federal Reserve’s interest-rate decision and US tech earnings.
Nvidia (NASDAQ: NVDA) stock fell 1.3%, a day after the chipmaker rallied to recover some of Monday’s steep losses suffered on Monday. Week to date, the stock is down more than 9% after the DeepSeek-sparked sell-off to start the week.