⚠️BREAKING: *U.S. STOCK FUTURES RISE AFTER FED MEETING, TECH SHARES RALLY ON META RESULTS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
) stock fell over 8% after sales figures, released late Wednesday, disappointed at the fast food chain.Investors will also be further digesting the outcome of the latest policy meeting from the, which resulted in the U.S. central bank raising interest rates by 25 basis points as expected.
There is a growing belief, helping sentiment, that this could be the last of its tightening cycle, even after Fed Chair Jerome Powell kept open the possibility of a further hike later in the year. "We continue to expect that today's hike will be the last of the cycle. Powell said that the FOMC will be particularly focused on the inflation data, and we expect the next few CPI reports to be soft," analysts at Goldman Sachs said, in a note.
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