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Stock market today: futures slip ahead of Amazon earnings and a key Fed update [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Amazon, Eli Lilly, McDonald's, and Starbucks are among the companies set to report earnings later. The Fed will weigh in on inflation and the outlook for interest rates on Wednesday. Stocks drifted lower in premarket trading on Tuesday as investors held their breath for marquee earnings reports and a critical update from the Federal Reserve. S&P 500 and Dow Jones Industrial Average futures were down 0.1% shortly after 5.30 a.m. ET, while Nasdaq 100 futures traded marginally lower. The key 10-year Treasury yield rose by about 0.2% to 4.64%. The US Dollar Index — which tracks the buck's value against a basket of foreign currencies — advanced 0.3% to 105.9 points. The Fed is scheduled to begin its two-day meeting later. In January, the central bank was widely expected to cut interest rates significantly this year as inflation appeared to be normalizing. However, stubborn price growth has tempered Wall Street's hopes of a rate cut in the months ahead. "We are preparing to hea
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