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Wall Street futures rise after SK Hynix record results and ahead of Fed decision

FinanceInternationalRevista ADVFN35 s readAI summary
Image: Revista ADVFN

US index futures pointed to a slightly positive open on Wednesday, after two sessions of gains. SK Hynix shares rose 7.2% premarket after the company reported record quarterly profit and announced more than $25 billion in dividends and buybacks. The market awaits the Federal Reserve decision, widely expected to keep rates unchanged, and results from Microsoft and Alphabet after the close.

In 35 seconds

  • SK Hynix rose 7.2% premarket after reporting record quarterly profit and announcing more than $25 billion in dividends and buybacks.
  • The Fed is widely expected to keep rates unchanged; markets will follow the statement and Kevin Warsh's press conference.
  • Microsoft and Alphabet report after the close, with focus on cloud growth and AI capital spending.
Read the full story at Revista ADVFN

IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.

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