At the end of its two-day policy meeting the Fed said it maintained its interest rate target range until it is confident the economy has weathered the virus
Of the 163 S&P 500 firms that have reported results, 79.1 per cent have surpassed a low bar of quarterly profit expectations, according to Refinitiv IBES data
The expiry of derivative contracts of the July series tomorrow may keep today's session volatile
The Dow Jones Industrial Average fell 55.32 points, or 0.21 per cent, at the open to 26,529.45
A total of 132 companies, including UltraTech Cement, Nestle India, and IDBI Bank, are scheduled to announce their results today
For the second day in a row, the tech sector weighed heaviest on all three major US stock averages
Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results
The number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, a report from the Labor Department showed
It was the company's fourth-straight positive quarter, qualifying it to be included in the S&P 500 index of corporate titans
Analysts' estimates for Tesla's second quarter range from an adjusted loss as steep as $2.53 a share to a $1.41 per share profit
US drugmaker Pfizer and German biotech firm BioNTech reported additional data from their experimental Covid-19 vaccine that showed it was safe and induced an immune response in patients
Netflix's shares fell 7.2% after it forecast slower-than-expected subscriber growth during the third quarter and weighed the most on the S&P 500 and the Nasdaq.
The Dow Jones Industrial Average rose 39.91 points, or 0.15%, at the open to 26,774.62.
Largest US lender JP Morgan Chase & Co was up 0.2% after it posted a smaller-than-expected 51% drop in second-quarter profit.
With a market capitalization of about $250 billion, Tesla would be among the most valuable companies ever added to the S&P 500, larger than 95% of the index's existing components
The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session
A major focus today will be on TCS which is scheduled to kick-off the April-June 2020 earnings season for IT companies today
Energy stocks dropped 2 per cent on worries over fuel demand while travel-related stocks, which were among the hardest hit during lockdowns, also fell
On the results front, a total of 18 companies including Indiabulls Housing Finance are scheduled to announce their results today
The government has approved a scheme under which the eligible non-bank lenders will be provided short-term liquidity through a special purpose vehicle set up by the SBICAP securities