Dow futures rise more than 100 points, Alphabet leads tech higher [CNBC]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: CNBC
VIDEO0:5600:56 set for higher open ahead of Fed rate decisionMorning ReportStock futures rose Wednesday, led by a sharp gain in Google-parent Alphabet, as investors looked for guidance from the Federal Reserve on the future path of interest rates with a gradual reopening of the economy in sight.Futures on theDow Jones Industrial AverageS&P 500Nasdaq 100Alphabet shares gained 7.7% in the premarket after the tech giant reported a revenue growth decline that was less steep than forecast. The company's YouTube ad revenues also beat expectations.Those gains lifted sentiment around other mega-cap tech stocks such as Facebook, which climber 3.8% before the bell. Amazon gained 1.5% while Apple and Netflix were both up at least 0.5%.Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)All eyes will be on the Fed's monetary policy deci
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