S&P 500, Nasdaq extend gains for second straight session ahead of Fed decision, big tech results
CNBC-TV18 1 hr ago·27 Oct 2026, 11:20 pm
The US equity indices continued to rise for a second day, with the S&P 500 and Nasdaq posting gains as traders positioned ahead of the Federal Reserve’s upcoming rate decision.
The market’s optimism is tempered by the pending earnings reports from major tech firms such as Alphabet and Microsoft, which will be released after the close. Investors will scrutinize those results for signs of cash‑flow pressure, spending plans and broader demand trends that could influence future growth.
Going forward, the key drivers will be the Fed’s policy announcement, expected later today, and the post‑market earnings numbers. Market participants will watch for any shift in the Fed’s rate outlook and whether the tech earnings confirm or challenge the current growth narrative.
Excerpt from CNBC-TV18
Published On Oct 28, 2026 | 04:50 IST Last Updated On Oct 28, 2026 | 04:57 IST Along with the Fed rate decision, which will be announced when markets are still trading, the results from big tech companies like Alphabet and Microsoft will be announced after market closing hours. Concerns over their cash flow position,…Read the original at CNBC-TV18
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
