Stock Market Update
27-Oct-26 15:35 ET
Stocks higher ahead of FOMC meeting, more earnings
Dow +84.28
at 52446.07,
Nasdaq +371.38
at 26561.20,
S&P +57.34
at 7734.18
[BRIEFING.COM] Stocks remain on track for a higher finish this afternoon, with continued strength in technology and AI-related names supporting the major averages. Investors are also looking ahead to another sizable round of quarterly earnings reports after today's close, including results from Seagate Tech (STX 674.47, +30.26, +4.70%), which is trading sharply higher ahead of its release.
Attention will then turn to tomorrow's FOMC decision, with the CME FedWatch Tool indicating a 92.8% probability that the Fed will leave interest rates unchanged. Another round of closely watched mega-cap earnings is also scheduled for tomorrow after the close, with results likely to provide further insight into AI spending trends and profitability.
