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Morning Briefing: Will interest rates rise? Watch for the Fed Meeting decision.

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Moomoo Breakfast US joined discussion · Jul 28, 2021 04:41
Morning Briefing: Will interest rates rise? Watch for the Fed Meeting decision.
Hey, moomooers! Here are things you need to know before the opening bell:

- U.S. stock index futures fell during early morning trading on Wednesday after the major averages pulled back from record highs, snapping a five-day winning streak.

-The busiest week of earnings continues on Wednesday with Shopify, Facebook, Pfizer, McDonald’s, Qualcomm, Ford, and PayPal among the names on deck.

Market snapshot
U.S. stock index futures fell during early morning trading on Wednesday after the major averages pulled back from record highs, snapping a five-day winning streak.
Futures contracts tied to the Dow Jones Industrial Average fell 113 points. S&P 500 futures and Nasdaq 100 futures also traded in negative territory.
Morning Briefing: Will interest rates rise? Watch for the Fed Meeting decision.
Source: Bloomberg
Crypto
$Bitcoin(BTC.CC)$ traded 3.54% higher at $39,682.10 at 5:00 AM EDT.
$Ethereum(ETH.CC)$ traded 1.38% higher at $2,296.73 at 5:00 AM EDT.
$Dogecoin(DOGE.CC)$ was up 2.77% at $0.21 at 5:00 AM EDT.
Morning Briefing: Will interest rates rise? Watch for the Fed Meeting decision.
Source: moomoo
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Earnings & key events this week
A host of mega-cap tech names reported quarterly results on Tuesday after the market closed, including Apple, $Microsoft(MSFT.US)$, and Google-parent $Alphabet-A(GOOGL.US)$.
Morning Briefing: Will interest rates rise? Watch for the Fed Meeting decision.
The busiest week of earnings continues on Wednesday with Pfizer, McDonald’s, Qualcomm, $Shopify(SHOP.US)$, $Facebook Inc(FB.US)$, Ford, and PayPal among the names on deck.

Facebook reports earnings on Wednesday. What To Know?
Earnings Preview: Analysts expect Shopify's revenue to increase 45.59%
Morning Briefing: Will interest rates rise? Watch for the Fed Meeting decision.
As the Federal Open Market Committee begins its two-day policy meeting Tuesday, it confronts dual situations that call for diametrically opposite policy reactions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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