As the market awaits the Federal Reserve's decision, the focus is on Big Tech earnings and the impact of artificial intelligence. Dow Jones futures are rising, with sectors like housing, industrials, and energy performing well.
Chip stocks are also in focus. Microsoft has launched an AI search engine, while Apple is set to release iOS 18.1 with AI features.
However, the CEOs of Meta and Alphabet have warned of investment risks in AI. Tesla and Alphabet stocks have tumbled on earnings.
Investors are hoping for rate cut signals from the Fed, but a hawkish stance may pressure equities. The market also looks to employment reports for labor market clues.
Overall, this is a make-or-break week for the markets, with tech earnings and central bank rate decisions in focus.
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