LIVE MARKETS-Wall Street treads water ahead of Fed, earnings 

By Reuters News

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

WALL STREET TREADS WATER AHEAD OF FED, EARNINGS

Wall Street's main indexes are little changed early Tuesday as investors balance a pullback in oil prices against a busy week that includes several high-profile earnings reports and Wednesday's Federal Reserve decision.

Lower oil prices are helping support risk sentiment, although traders remain cautious ahead of the Fed. The central bank is widely expected to leave interest rates unchanged after last month's increase, but markets still anticipate additional tightening into 2027 as inflation remains stubbornly elevated amid the ongoing US-Iran conflict.

Sector moves are relatively subdued. A majority of S&P 500 .SPX sectors are lower, but only one, energy .SPNY, is down more than 1%.

Technology .SPLRCT is providing some support for the broader market with a gain of roughly 0.4%.

Beneath the surface, chip stocks .SOX are showing renewed strength, helping lift the tech sector, while housing-related shares .HGX are under pressure as investors weigh the outlook for interest rates and borrowing costs.

Here is a snapshot of where markets stood around 10:16 a.m. ET.

(Terence Gabriel)

EARLIER ON LIVE MARKETS:

REST OF S&P 500 SEEN OUTPACING MAG 7 ON Q3 EARNINGS GROWTH - JEFFERIES CLICK HERE

TREASURIES REGAIN HAVEN ROLE, SIGNALING A SHIFT IN MARKET FEARS CLICK HERE

DEMOCRATIC SWEEP AND TECH selloff CLICK HERE

HEALEY'S WAR CHEST CLICK HERE

BOFA OVERWEIGHT 'ANTI-AI' FOOD AND BEVERAGE STOCKS CLICK HERE

BEARISH EQUITY POSITIONING INCREASING ACROSS REGIONS CLICK HERE

SOFT START, FTSE DRAGGED LOWER BY HSBC CLICK HERE

EUROPE BEFORE THE BELL: POSITIVE TONE FADES CLICK HERE

ALL EYES ON AI CLICK HERE


Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.