Global markets are showing strength this morning, with U.S. futures pointing to a higher open following a strong rally across Asian markets. This positive sentiment comes as investors await the Federal Reserve's interest rate decision later today amid ongoing geopolitical tensions.
Stocks to Watch:
- Delta Air Lines, Inc.: The stock surged after the airline raised its first-quarter revenue guidance, signaling robust travel demand.
- Eli Lilly and Company: Shares fell significantly yesterday after an analyst downgrade and reduced sales forecasts for its key obesity drugs.
- Micron Technology, Inc.: Reports quarterly earnings today, with analysts expecting substantial growth driven by high demand for AI chips.
- Tencent Holdings Ltd: Also reporting earnings today, with a focus on its AI monetization and gaming division performance.
Looking ahead, the Federal Reserve's policy announcement and subsequent commentary will be the primary focus for markets, providing direction on future interest rates.