U.S. stocks looked set to rise on Thursday as the market tried to make sense of three tech giants’ quarterly reports and wondered whether the latest Federal Reserve meeting gave any clues as to where interest rates are headed.
NBCUniversal parent Comcast and parcel deliverer UPS are among the names set to report earnings early Thursday, while iPhone maker Apple—the world’s largest company by total market capitalization—is due to file its quarterly report after the closing bell.
Traders would be forgiven for thinking there had already been enough developments in what’s been a wild week for stocks. The rapid rise of Chinese artificial intelligence start-up DeepSeek triggered a brutal tech selloff on Monday. The Fed managed to stick to the script by holding rates at their current level, although U.S. President Donald Trump’s rebuke of Chair Jerome Powell could be a source of further uncertainty.
For now, stocks looked headed…
