Stock Futures Flat as Traders Assess Meta, Microsoft Earnings and Fed Rate Decision
U.S. equity futures remained largely unchanged on Wednesday night as traders evaluated mixed results from Big Tech companies like Meta Platforms (ticker: META) and Microsoft Corporation (MSFT), along with the Federal Reserve's decision to hold interest rates steady. In regular trading, major indices saw sharp declines—the Dow Jones Industrial Average fell 2.19%, marking its worst drop since April 2025—while S&P 500 and Nasdaq Composite also slid by over 1%. Meta’s shares dropped 8% in after-hours trading following concerns about AI monetization costs, whereas Microsoft's stock rose nearly 9% due to strong enterprise demand. The Fed left rates unchanged but signaled a wait-and-see approach. Long-term Treasury yields surged as investors anticipated potential rate hikes if inflation data remains elevated.
Topics: AI investment strategies Big Tech earnings Federal Reserve rate decision