NYSE Content Advisory: Pre-Market Update + S&P 500 Hits 6,900 for First Time
- Stocks are little changed on Wednesday morning ahead of a busy day on
Wall Street . The major averages posted record closes for a second straight day including the S&P 500 hitting an intraday record above 6,900. - Investors await the latest Fed decision on interest rates set to come out at
2 PM ET . Traders are anticipating a second straight cut and Fed Chair Powell's press conference at2:30 PM ET . - Big tech earnings are in full swing as five Magnificent 7 companies will release quarterly figures over the next two days. Microsoft, Alphabet, and Meta will release reports today.
- AI-writing assistant Grammarly has announced a rebrand and a name change. The company revealed that it will now go by Superhuman, uniting its different platforms under one brand.
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