Fed meeting and AI earnings shape US market outlook

4 min read

A jittery U.S. stock market entered the week pressured by steep slides in Alphabet and Tesla after earnings, a surge in oil that pushed Brent crude to $100 a barrel, and rising Treasury yields that reached a 10-year peak above 4.7%. Investors are watching a Federal Reserve meeting led by chair Kevin Warsh for guidance on future rate moves, while a busy earnings slate includes Microsoft, Amazon and Meta Platforms and one-third of S&P 500 firms. Wall Street is weighing hefty AI spending plans against strong second-quarter profit growth and the possibility of tighter policy.

Fed decision and AI results will move markets and rate expectations.