Nasdaq rose After ‘Gratifying’ Fed Rally and Meta soaring


  • Nasdaq futures rose following a big day for the stock market rally as investors hailed Fed chief comments.
  • The Fed raised rates by a quarter point with ongoing increases. However, Powell stated that it's a “good thing” and “gratifying” that inflation is coming down even without labor markets weakening. He also said that policymakers “have no incentive, desire to overtighten.
  • META soarings on its earnings report further push the Nasdaq higher
  • Apple (5 PM EST), Amazon (5:30 PM EST), and Google (4:30 PM EST) earnings are scheduled for today which will have a significant market impact.

https://www.investors.com/market-trend/stock-market-today/tech-futures-jump-on-meta-spike-after-gratifying-fed-rally-apple-amazon-google/


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