Market Pulse - Usa
Stocks jump as Fed shifts to meeting by meeting approach
US monetary policymakers shifted back towards a meeting by meeting approach to setting interest rates on Wednesday, instead of offering explicit guidance on the magnitude of their next move.
US open: Stocks higher as Q2 earnings continue to roll in
Wall Street stocks were in the green early on Wednesday as investors digested another fat stack of corporate earnings and awaited the outcome of the Federal Reserve's latest policy meeting.
US durable goods orders jump in June as defence aircraft orders nearly double
Orders for goods made to last more than three years posted a sharp and unexpected rise last month, albeit mainly on the back of a near doubling in orders for defence aircraft.
Chip shortage, China lockdowns led to Q1 loss for Jaguar Land Rover
Jaguar Land Rover reported strong demand and a record order book in its first quarter on Wednesday, but said sales were still constrained by the global chip shortage.
Spotify subscriber numbers grow, Q2 revenues up 23%
Streaming giant Spotify beat expectations for total and paid subscriber growth in the three months ended 30 June, resulting in an almost 25% increase in revenues.
US pre-open: Stocks trade higher ahead of FOMC decision
Wall Street futures were in the green ahead of the bell on Wednesday as investors braced for another busy day for earnings and awaited the outcome of the Federal Reserve's latest policy meeting.
Investors cheer Microsoft reiterating full-year guidance
Microsoft pleased investors with its forecasts for continued strong growth over the year ahead, although its latest quarterly results fell short of expectations.
Alphabet beats analysts' estimates for Q2 sales and ad revenues
Alphabet's second quarter earnings fell short of analysts' estimates despite better-than-expected topline growth.
US close: Equities slide amid slew of earnings reports
Wall Street stocks closed weaker on Tuesday, as market participants thumbed over a hefty slab of corporate earnings.