Particle.news
Download on the App Store
93 ARTICLES
·
3mo ago

Tech Earnings and Rate-Cut Bets Lift US Stock Futures

Growing expectations for Fed easing buoy sentiment after a wave of corporate results

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo
Street signs hang outside the New York Stock Exchange (NYSE) at Wall Street in New York on February 3, 2025. Stock markets slumped Monday over concerns about the global economy after US President Donald Trump announced tariffs on Canada, China and Mexico. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
closeup of stock chart with multiple moving averages
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. REUTERS/Jeenah Moon/File Photo

Overview

  • U.S. stock futures rose Wednesday as investors ramped up bets on a September Federal Reserve interest rate cut, with CME FedWatch odds climbing above 85%.
  • Major indexes recovered from Tuesday losses, driven by strong earnings beats from Apple which surged over 4% and other S&P 500 companies reporting better-than-expected profits.
  • Economic data this week underscored uneven growth, with a flat July services PMI and disappointing jobs revisions fueling volatility before the rebound.
  • President Trump’s new tariffs on Indian imports and proposed levies on pharmaceuticals and semiconductors increased pressure on markets already navigating global trade disputes.
  • Political moves, including the firing of the Bureau of Labor Statistics commissioner and the unexpected resignation of a Fed governor, heightened uncertainty around economic policy decisions.