Market Volatility Expected as Apple Reports Earnings and Fed Decision Looms

Nasdaq 100 futures slipped after Apple reported weak revenue outlook for the December quarter, causing a 3% drop in its stock price. Meanwhile, Square's shares surged 13% on an earnings beat and raised full-year guidance. The stock market experienced a broad rally, with the S&P 500, Dow Jones, and Nasdaq Composite posting their best days in months. The positive momentum may depend on the outcome of the October jobs report. Stocks are on track for sizable weekly gains as investors anticipate the end of the Federal Reserve's rate-hiking campaign.