{"id":85040,"date":"2026-10-28T17:16:08","date_gmt":"2026-10-28T06:16:08","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=85040"},"modified":"2026-10-28T17:16:09","modified_gmt":"2026-10-28T06:16:09","slug":"wednesday-28th-oct-2026-u-s-stock-futures-mixed-ahead-of-fed-decision-and-big-tech-earnings","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/wednesday-28th-oct-2026-u-s-stock-futures-mixed-ahead-of-fed-decision-and-big-tech-earnings\/","title":{"rendered":"Wednesday 28th Oct 2026: U.S. Stock Futures Mixed Ahead of Fed Decision and Big Tech Earnings"},"content":{"rendered":"\n

Global Markets:<\/strong><\/h3>\n\n\n\n

\u25cf         Asian Stock Markets : Nikkei up 0.92%, Shanghai Composite up 0.72% Hang Seng up 0.24% ASX up 0.02%<\/p>\n\n\n\n

\u25cf        Commodities : Gold at $4,054.60 (-0.49%) Silver at $54.040 (-0.85%), Brent Oil at 110.91 (1.34%), WTI Oil at 101.39 (1.49%)<\/p>\n\n\n\n

\u25cf        Rates : US 10-year yield at 5.015, UK 10-year yield at 5.3529, Germany 10-year yield at 3.3550<\/p>\n\n\n\n

News & Data:<\/strong><\/h3>\n\n\n\n

\u25cf        (USD) CB Consumer Confidence<\/p>\n\n\n\n

         97.1 to 8.2  expected<\/p>\n\n\n\n

Markets Update:<\/strong><\/h3>\n\n\n\n

U.S. stock futures were mixed early Wednesday as investors awaited earnings reports from megacap technology companies and the Federal Reserve\u2019s latest interest rate decision.<\/p>\n\n\n\n

S&P 500 futures edged higher, while Nasdaq-100 futures gained 0.5%. Dow Jones Industrial Average futures slipped 0.2%.<\/p>\n\n\n\n

Asian markets mostly advanced, with Japan\u2019s Nikkei 225 rising 1.38% and South Korea\u2019s Kospi surging 6.57%. Hong Kong\u2019s Hang Seng Index gained 0.43%, while mainland China\u2019s CSI 300 rose 0.68%.<\/p>\n\n\n\n

On Tuesday, major U.S. stock indexes finished higher, supported by another rally in semiconductor shares. Broadcom climbed 4% after announcing $63 billion in financing from a group of banks to purchase its chips and networking solutions for lease to Anthropic. Advanced Micro Devices gained 5.5%, while Micron Technology rose 2.8%. The Nasdaq Composite advanced 1.2%.<\/p>\n\n\n\n

Stocks also benefited from declining oil prices following reports of discussions in Iran concerning conditions for ending the war with the United States.<\/p>\n\n\n\n

Investors are now focused on the Fed\u2019s policy announcement, scheduled for 2 p.m. ET Wednesday. Markets largely expect policymakers to hold interest rates steady at 3.75% to 4%, although some anticipate Chair Kevin Warsh could signal further increases.<\/p>\n\n\n\n

After the market closes, Alphabet and Microsoft will report earnings, offering fresh insights into artificial intelligence spending and demand. Technology stocks have recently faced concerns over AI financing, but Morgan Stanley strategist Mike Wilson believes much of the correction may already be complete, suggesting markets have largely absorbed recent pressures.<\/p>\n\n\n\n

 Upcoming Events:<\/strong><\/p>\n\n\n\n

\u25cf       1:45 PM    GMT   –   CAD  Overnight Rate<\/p>\n","protected":false},"excerpt":{"rendered":"

Global Markets: \u25cf         Asian Stock Markets : Nikkei […]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-85040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=85040"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85040\/revisions"}],"predecessor-version":[{"id":85044,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/85040\/revisions\/85044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=85040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=85040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=85040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}