S&P 500 and Nasdaq extend gains ahead of Fed decision
In short
The S&P 500 and Nasdaq rose for a second straight session before the Fed’s rate decision. Alphabet and Microsoft are also due to report after the market closes.
Investors are watching what the Fed says and whether big tech companies show strong cash flow and demand. The reporting does not give the exact index levels or how much they moved.
What the reporting says
The S&P 500 and Nasdaq extended gains for a second straight session ahead of the Fed’s rate decision and upcoming big tech earnings, according to the market report. The source says Alphabet and Microsoft results will come after the close, while investors are watching cash flow, spending targets and demand conditions. The exact size of the index moves is not stated in the available reporting.
Why it matters
US equities extended gains as investors waited for the Fed’s rate decision and later earnings from Alphabet and Microsoft. Market participants are focused on cash flow, spending plans, and demand signals from big tech, which could influence sentiment after the close. The reporting does not include the size of the gains or the rate decision outcome, so the near-term direction remains dependent on those events.