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Barchart
Barchart
Oleksandr Pylypenko

Stock Index Futures Gain on Strong Earnings and Fed Rate-Cut Bets

United States SU US Federal Reserve Chris Larkin Corporate Earnings Donald Trump Maros Sefcovic AMD Amgen Arista Networks

September S&P 500 E-Mini futures (ESU25) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.30% this morning, extending a rebound driven by bets on Federal Reserve interest rate cuts and solid corporate earnings.

Palantir Technologies (PLTR) was the latest company to impress Wall Street with its quarterly results. Shares of the data analysis software firm climbed over +5% in pre-market trading after it posted upbeat Q2 results and raised its full-year guidance.

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