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Dow Jones Futures: Trump Hails 'Outstanding' Xi Meeting; Microsoft, Meta, Google Step Up Capital Spending
Microsoft, Meta and Google were big earnings movers late after Fed chief Powell's hawkish comments. The Trump-Xi meeting with key agreements.
Stock futures pointed higher Wednesday ahead of the Federal Reserve's decision on interest rates and earnings reports from several tech giants, while Nvidia was on the cusp becoming the first company to have a $5 trillion valuation.
Fed policy and MAG7 earnings dominated market focus as Dow Jones and Nasdaq 100 futures traded mixed, holding key support after record highs Tuesday.
All eyes are now on the meeting between US President Donald Trump and Chinese President Xi Jinping, scheduled to take place in a few minutes from now in South Korea. But while the market is factoring in some mega announcements,
U.S. stock futures rose Friday morning after Wall Street recorded record highs on Thursday. Tech and AI stocks drove the gains, helping investors look past concerns about the government shutdown. The three major U.
Nvidia became the first company ever to boast a $5 trillion market cap, but it wasn't enough to lift the Dow and the S&P 500.