【US Pre-Market】Three Major Index Futures Rise as Microsoft Jumps Over 9% and Meta Slumps While Market Awaits PCE and GDP Data
TradingKey - On Thursday, July 30 (ET), the three major US stock index futures rose collectively in pre-market trading. Microsoft's strong earnings report alleviated market concerns regarding returns on AI capital expenditure, leading the gains in Nasdaq 100 futures. However, individual stocks such as Meta (META) and Qualcomm (QCOM) weakened following their earnings releases, while long-term US Treasury yields remained elevated and the situation in the Middle East continued to keep the market cautious.
TradingKeyThu, Jul 30