{
  "id": 16877724,
  "title": "Dow Jones futures decline ahead of Fed decision, big tech earnings",
  "url": "https://urgent.news/2026/10/28/dow-jones-futures-decline-ahead-of-fed-decision-big-tech-earnings",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T08:56:37.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/dow-jones-futures-decline-ahead-of-fed-decision-big-tech-earnings-202610280856"
  },
  "original_language": "en",
  "account": "Dow Jones futures edged down by 0.22%, nearing 52,460 points during European trading hours on Wednesday. Nasdaq 100 futures climbed 0.45%, trading around 29,950, while S&P 500 futures edged up 0.08% to approximately 7,760. Investors were unsettled, awaiting the Federal Reserve's policy announcement and earnings reports from major technology firms. The key focus was on Alphabet and Microsoft, both expected to report after the market closed. Analysts were keenly observing these figures to assess the state and future outlook of the artificial intelligence sector. The Federal Reserve's decision to keep the benchmark interest rate steady at 3.75% to 4.0% was widely anticipated, with a 90.6% probability of a hold and an 84.3% chance of a rate increase in December as indicated by the CME FedWatch tool. The cautious stance was influenced by positive trading on Tuesday, where technology stocks propelled major indices. Drivers of the rally included chipmakers following Broadcom's announcement of a $63 billion financing deal for Anthropic's technology deployment. Notably, Meta's $25 billion stock offering saw strong demand, finishing five times oversubscribed, while Oracle bolstered its partnership with OpenAI. Deutsche Bank analysts attributed the market's resilience to strong data released earlier, fueling investor confidence in US equities. The Dow Jones Industrial Average, consisting of the 30 most traded stocks in the US, is price-weighted and not capitalization-weighted, reflecting the performance of its constituent companies. The index's movements are influenced by corporate earnings, global economic conditions, interest rates set by the Federal Reserve, and inflation trends. Traders can access the DJIA through ETFs, futures contracts, options, and mutual funds.",
  "summary": "Dow Jones futures decline by 0.22% to trade near 52,460 during European hours on Wednesday. S&P 500 futures gain 0.08% to trade around 7,760, while Nasdaq 100 futures rise 0.45% to trade near 29,950.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Alphabet, Microsoft to report; Fed decision ahead - what’s moving markets",
        "url": "https://urgent.news/2026/10/28/alphabet-microsoft-to-report-fed-decision-ahead-whats-moving-markets",
        "published": "2026-10-28T08:47:55.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "With the Fed on the back burner, tech stocks are poised to move higher following record earnings from chipmaker SK Hynix",
        "url": "https://urgent.news/2026/10/28/with-the-fed-on-the-back-burner-tech-stocks-are-poised-to-move-higher",
        "published": "2026-10-28T10:42:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}