Stock Market Today: Dow Seesaws Ahead Of Fed Decision, Powell; Robinhood Plunges On Earnings (Live Coverage)
Futures traded mixed as Wall Street awaited the Federal Reserve’s rate decision and Chair Jerome Powell’s press conference, leaving the market cautious. Dow futures were flat, S&P futures edged up <0.1% and Nasdaq‑100 futures gained ~0.3%. Key macro and market drivers: the 10‑year Treasury yield rose to 4.36%, Bitcoin neared $77,500 and WTI crude topped $103.30 a barrel. Robinhood (HOOD.OQ) plunged about 11% premarket after an earnings and revenue miss (adjusted EPS $0.38 on $1.07B) and raised expense guidance. Earnings winners and losers drove sector dispersion — Bloom Energy, NXP and Seagate jumped double digits while SoFi and Regeneron fell. Major tech names including Alphabet, Amazon, Meta and Microsoft were due to report after the close, keeping investors in wait‑and‑see mode. Overall, the piece frames a mixed market tone with earnings volatility layered on top of policy risk from the Fed.