U.S. equity futures rose Wednesday night, with the Dow gaining 158 points, the S&P 500 advancing 0.4% and the Nasdaq 100 climbing 0.7%, after a challenging session that saw the Dow post its worst decline since April 2025. Microsoft surged 8% on strong growth from its Azure business, while Meta Platforms fell 7% in extended trading after issuing a soft revenue forecast, highlighting a widening divergence in Big Tech’s AI investment strategies. The Federal Reserve left interest rates unchanged, pushing the 30-year Treasury yield above 5.2%, its highest level since 2007. Traders are watching for weekly jobless claims, June’s personal consumption expenditures price index and the first reading of second-quarter GDP on Thursday.
Source: Read the original article
