Fed on Hold, Earnings and Oil Trends Shape Early Trading

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Source: CNBC
Fed on Hold, Earnings and Oil Trends Shape Early Trading
Photo: CNBC
TL;DR Summary

Stock futures drift higher as investors await Powell’s Fed remarks with rate cuts unlikely this year, while Macy’s beats on Q4 but offers a cautious outlook, Micron rides AI-memory demand ahead of earnings, and oil climbs on Iran-related tensions. Airlines lift first-quarter revenue guidance despite higher fuel costs, and Disney marks a leadership change as Josh D’Amaro becomes CEO.

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