Tech Stocks Struggle as Wall Street Anticipates Fed Minutes
January 8, 2025 - 18:15
Top technology stocks are facing challenges as they seek to recover from a difficult trading day. Notable names like Nvidia, Palantir, and AMD are striving for gains after experiencing declines. The quantum computing sector is also under pressure, with companies such as Rigetti and IonQ showing significant losses this morning.
As the market navigates these fluctuations, all eyes are on the Federal Reserve, which is scheduled to release the minutes from its most recent interest rate meeting at 2 p.m. ET today. Investors are keen to glean insights that could influence future monetary policy and market dynamics.
In addition to tech stocks, other trending tickers include Moderna, Aurora Innovation, and Exxon Mobil, reflecting a diverse interest across sectors. The day will also feature key guest appearances, starting with Stephanie Roth, Chief Economist at Wolfe Research, followed by industry leaders such as Ken Mahoney, CEO of Mahoney Asset Management, and Cristiano Amon, CEO of Qualcomm. Nela Richardson, Chief Economist at ADP, will also provide insights later in the morning.
MORE NEWS
July 16, 2026 - 03:34
Campaign finance reports show new contributions in Lubbock council raceNew campaign finance reports for the Lubbock City Council District 4 special election show a fresh wave of contributions from prominent local organizations and community figures. The filings, which...
July 15, 2026 - 19:13
Michael Saylor's Strategy sold $467 million of its stockScott Melker recently broke down the latest move from Michael Saylor`s company, known as Strategy or MSTR. The firm sold $467 million worth of its own shares in order to generate more capital. This...
July 15, 2026 - 12:26
Fed Official Says Custom AI Oversight Can Boost Financial AccessFederal Reserve Governor Michelle Bowman argued that bank supervision should not stand in the way of artificial intelligence adoption, saying the technology has real potential to expand financial...
July 14, 2026 - 22:13
Will Supreme Court ruling on campaign finance yield big changes for parties?The Supreme Court`s recent decision on campaign finance law is unlikely to trigger a major overhaul of how political parties raise and spend money, according to election law scholar Nicholas...