US Stock Futures Hold Steady Amid Anticipation for Tech Earnings
As the market opens on Wednesday, United States stock futures show little movement, with investors eagerly awaiting earnings reports from leading tech and industrial companies. Among the highlights are Meta Platforms, Microsoft Corporation, and eBay, whose quarterly results are expected to shed light on corporate health in a changing interest rate landscape.
Economic Data in Focus
Alongside corporate earnings, a series of economic indicators are set to capture traders' attention. These include the ADP private employment report, the second estimate of US GDP, and updates on MBA mortgage applications, pending home sales, and personal spending data.
Market Snapshot: At 4:24 am ET, the Dow Jones Industrial Average, Nasdaq 100, and S&P 500 were all trading flat, while the euro saw a slight decline against the dollar, trading at 1.13630.
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