Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Tech Optimism Undergirds Wall Street Pre-Bell; Asia Up, Europe Off

Tech Optimism Undergirds Wall Street Pre-Bell; Asia Up, Europe Off

MT newswireMT newswire2026/10/27 11:14
07:14 AM EDT, 10/27/2026 (MT Newswires) -- Wall Street futures pointed modestly higher pre-bell Tuesday, as the tech sector firmed after AI modeler Anthropic (ANT) overnight publicly filed its IPO, reporting large revenue gains and an anticipated November listing. In the futures, the S&P 500 rose 0.1%, the Nasdaq inclined 0.1% and the Dow Jones was up 0.2%. West Texas Intermediate crude oil traded up 0.8% to $102.53 a barrel, and 10-year US Treasury yields were steady near 4.98%, in morning action. The VanEck Semiconductor fund (SMH), a proxy for the sector, traded up 1.1% pre-bell. The Federal Reserve starts a two-day policy session in the morning, culminating with the central bank's rate announcement on Wednesday afternoon in Washington. Markets expect no rate change, but will follow Fed Chief Kevin Warsh's post-announcement commentary closely. Asian exchanges traded mostly higher overnight, after the Anthropic IPO filing. European bourses tracked moderately south midday on the continent. United Parcel Service (UPS) traded up 1.3% pre-bell after the delivery service reported Q3 adjusted earnings, revenue and guidance above expectations, in pre-bell release. On the economic calendar is the durable goods orders bulletin for September at 8:30 am ET, followed by the Case-Shiller Home Price Index, and the FHFA House Price Index, both for August, at 9 am. The University of Michigan consumer confidence report for October, the new home sales bulletin for September, and the Richmond Fed Manufacturing Index for October, log at 10 am. The Federal Reserve Bank of Atlanta GDPNow Tracker for Q3 is slated for a 10:30 am release, considered a precursor to the official gross domestic product bulletin scheduled for Thursday release in Washington. In premarket action, Bitcoin traded at $79,521, and spot gold commanded $3,966 an ounce.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

OpenAI president confirms IPO in 2027: enterprise clients have become the main source of revenue, but funding target has shrunk from 30 billions to 20 billions

OpenAI President Brockman stated that enterprise sales have contributed the majority of the company's revenue, and the company will be ready for an IPO by 2027. OpenAI is accelerating fundraising and competing with Anthropic, which is aiming to go public by the end of the year.

智通财经•2026/11/05 06:51

Former Citi executive Klein establishes another SPAC; Churchill Capital XIV (CXIVU.US) plans to raise up to $300 million in US IPO

Churchill Capital XIV filed an application with the SEC on Wednesday, seeking to raise up to $300 million through an initial public offering (IPO).

智通财经•2026/11/05 06:51

Evercore issues an investment guide for the "Blue Wave": AI infrastructure sentiment under pressure, names 5 "defensive" tech stocks.

Evercore stated that after the "blue wave," technology stocks such as Amphenol and Apple are worth holding.

智通财经•2026/11/05 06:51