By Oliver Gray
Investing.com - U.S. stock futures were trading mixed during Wednesday’s evening deals, following a mixed regular session as traders digested a widely expected 0.25% rate hike from Federal Reserve policymakers, with Chairman Jerome Powell noting that officials remain unconvinced that inflation is easing over the long term.
In extended deals, Meta Platforms Inc (NASDAQ: META ) popped 19.4% after the company reported Q4 EPS of $1.76 versus $2.26 expected, while revenue was reported at $32.17 billion versus $31.53B expected.
Ahead in Thursday’s session, market participants will be focusing on jobless claims , productivity , and factory orders data, amid a fresh batch of earnings from companies including Apple Inc (NASDAQ: AAPL ), Alphabet (NASDAQ: GOOG ), Amazon.com Inc (NASDAQ: AMZN ), Merck & Company Inc (NYSE: MRK ), ConocoPhillips (NYSE: COP ) and Ford Motor Company (NYSE: F ).
During Wednesday’s trade, the Dow Jones Industrial Average finished little changed at 34,093, the S&P 500 gained 42.6 points or 1.1% to 4,119.2 and the NASDAQ Composite lifted 231.8 points or 2% to 11,816.3.
On the bond markets, United States 10-Year rates were at 3.417%.
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