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Bloomberg Business

Tech Rally Stalls on Mixed Earnings

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Tech Rally Stalls on Mixed Earnings
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The day’s market mood is cautious after a tech rally stalled on mixed earnings. Federal Reserve officials are also staying quiet, with the Fed “holding its fire,” which is keeping investors focused on upcoming signals rather than immediate moves. Oil is softer in futures trading, with WTI down to $101.43, a decline of 1.3%. S&P 500 futures are slightly lower at 7,761.75 (-0.3%), while Nasdaq 100 futures slip more noticeably to 29,656.50 (-1.1%). Separately, Uniqlo is weighing concerns around pricier socks, adding to the mixed corporate tone.

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