Key Takeaways
- U.S. equities were mostly lower at midday ahead of today's announcement on interest rates from the Federal Reserve.
- Diners flooding its Chili's restaurants helped Brinker International report better-than-expected results and raise its outlook.
- Nvidia said it may not be able to meet demand for new graphic chips hitting the market tomorrow.
U.S. equities were mostly lower at midday as the market waited for the latest comments from the Federal Reserve about the future of interest rates, which are coming later today. The Dow Jones Industrial Average was little changed, while the 澳洲幸运5官方开奖结果体彩网:S&P 500 and Nasdaq fell.
F5 (FFIV) was the best-performing stock in the S&P 500 when the cloud-solutions provider reported record results and gave strong guidance as market demand increased and IT spending became more stable. Its shares traded at an all-time high, as did those of Brinker International (EAT), which pointed to booming sales at its Chili's locations as it beat pro🐽fit and sales forecasts a🌼nd raised its guidance.
Starbucks (SBUX) shares gained when the biggest coffee retailer exceeded earnings and revenue expectations and new CEO Brian🎶 Niccol expressed optimism the company's turnaround plan is🎉 working.
Nvidia (NVDA) shares declined as the chi🌌pmaker warned that it may not be able to meet demand for its latest graphics carꦜds set to be released tomorrow.
Packaging Corporation of America (PKG) 🐟shares slumped after the maker of shipping materials missed profit fore♛casts as sales of its paper products slowed.
Shares of Manhattan Associates (MANH) sank when the supply-chain and commerce software solutions provider said its 2025 profit outlook would be less than in 2024 because it faced a "turbulent mac🐭ro environment."
Oil futures dropped. Gold prices were up. The yield on the 10-year Treasury note was little changed. The U.S. dollar advanced on the euro and pound, but lost ground to the yen. Most cryptocurrencies traded higher.
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