December S&P 500 futures (ESZ23) are down -0.44%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.47% this morning as market participants geared up for the Federal Reserve’s interest rate decision while also awaiting the release of fresh labor market data.
In Tuesday’s trading session, Wall Street’s major indexes ended higher. Pinterest Inc (PINS) surged over +19% after the image-sharing platform posted upbeat Q3 results. Also, Arista Networks (ANET) climbed more than +14% after the company reported better-than-expected Q3 results and provided upbeat Q4 revenue guidance. In addition, Chewy Inc (CHWY) gained over +4% after Morgan Stanley upgraded the stock to Overweight from Equal Weight. On the bearish side, Caterpillar Inc (CAT) plunged more than -6% after the construction equipment maker’s quarterly results signaled slowing demand.
