The technology led the shares low on Wednesday morning, as the broader mood remained silent before the first large technology profits and the interest rate of the Federal Reserve.
The NASDAQ Technology (^IXIC) has decreased by 0.7 %, after the reversal increased on Tuesday. S&P 500 (^GSPC) decreased by 0.4 %, while the industrial average (^DJI) was almost flat.
The federal reserve policy ruling on the horizon provides a careful reason to wander the markets, although the central bank is expected to stand on interest rates.
Investors will listen to answers to two main questions at the press conference of the President of the Federal Reserve Jerome Powell: How much rates of the FBI reduction rates, and the central bank has changed its position in light of President Trump’s early moves?
Meanwhile, a sudden rise in reservations for ASML (ASML), a major tool maker in the artificial intelligence chain, gave another batch of technology that began to recover from the start of bruises to the week. ASML shares increased by 5 % in early trading, as their peers such as applied materials (AMAT) achieved gains. However, NVIDIA (NVDA) did not hunt a batch, as the shares decreased by approximately 5 %, as their return stumbled on Tuesday.
The markets are now taking a cooler look at the Chinese Deepseek challenge for the assumptions about the spending and costs of artificial intelligence. The shares of Alibaba (BABA) increased more than 4 % after the Chinese technology giant released a new model for AI who said it was better than the Deepseek competitor for Chatgpt.
The epic deepened with claims by Microsoft supported by MicFoft (MSFT) Openai which used Deepseek its ownership models to train its competitor.
The lights are now on the direction in Meta (Meta) and the quarterly microsoft results, due after the bell, to reassure that the heavy Big Tech spending will bear fruit in growth. Tesla (TSLA) takes out MEGACAP profits on Wednesday, with Wall Street monitoring of a new stimulus to start the arrow.
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