Tech earnings; oil prices surge; Fed decision - what’s moving markets - Investing.com
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- Caterpillar powers the Dow as its earnings beat expectations, helping the index close higher.
- Nasdaq falls, ending its longest winning streak since 1992 as investors digest big‑tech earnings.
- Oil prices surge, adding pressure to inflation expectations and influencing commodity‑linked stocks.
- Fed decision fuels market volatility, with traders weighing the impact on growth and inflation.
Why it matters: Industrial investors gain as Caterpillar’s earnings lift the Dow, while tech‑focused funds lose as the Nasdaq ends its longest winning streak since 1992; higher oil prices pressure inflation, prompting the Fed to consider tighter policy.
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