U.S. stock futures are in the red on Wednesday evening after the Federal Reserve decided to leave interest rates unchanged during its January FOMC meeting. The tech earnings cycle was off to a mixed start, led by Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META).
The S&P 500 Futures are down 0.26%, or 18 points, trading at 6,989.00, followed by Nasdaq Futures at 26,098.50, down 0.22%, or 55.75 points and finally Dow Futures, trading at 49,025.00, down 142 points, or 0.29%, on late Wednesday evening.
This comes amid the latest escalation of tensions in the Middle East, with President Donald Trump urging Iranian leaders to “quickly ‘come to the table’ and negotiate a fair and equitable deal” over the country’s nuclear program. He also warned that the “next attack will be far worse” if Iran refuses to engage.
On the earnings front, Microsoft shares …Full story available on Benzinga.com
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