{"id":91452,"date":"2026-10-29T21:43:35","date_gmt":"2026-10-29T10:43:35","guid":{"rendered":"https:\/\/www.ic.com\/blog\/?p=91452"},"modified":"2026-10-29T21:43:36","modified_gmt":"2026-10-29T10:43:36","slug":"thursday-29th-oct-2026-u-s-futures-fall-as-microsoft-alphabet-earnings-put-ai-trade-in-focus","status":"publish","type":"post","link":"https:\/\/www.ic.com\/blog\/thursday-29th-oct-2026-u-s-futures-fall-as-microsoft-alphabet-earnings-put-ai-trade-in-focus\/","title":{"rendered":"Thursday 29th Oct 2026: U.S. Futures Fall as Microsoft, Alphabet Earnings Put AI Trade in Focus"},"content":{"rendered":"\n

Global Markets:<\/strong><\/h3>\n\n\n\n

\u25cf         Asian Stock Markets : Nikkei up 0.21%, Shanghai Composite down 0.93% Hang Seng down 0.00% ASX up 0.43%<\/p>\n\n\n\n

\u25cf        Commodities : Gold at $4,055.15 (0.09%) Silver at $53.283 (-0.73%), Brent Oil at 110.25 (-1.25%), WTI Oil at 101.43 (-1.31%)<\/p>\n\n\n\n

\u25cf        Rates : US 10-year yield at 4.990, UK 10-year yield at 5.3252, Germany 10-year yield at 3.3827<\/p>\n\n\n\n

News & Data:<\/strong><\/h3>\n\n\n\n

\u25cf        (CAD) Overnight Rate   2.50% to 2.50%  expected<\/p>\n\n\n\n

Markets Update:<\/strong><\/h3>\n\n\n\n

U.S. equity futures declined late Wednesday as investors assessed quarterly earnings from major technology companies. Nasdaq-100 futures fell 1.2%, while S&P 500 futures lost 0.5%.<\/p>\n\n\n\n

Asian markets traded mixed on Thursday. Japan\u2019s Nikkei 225 rose 0.49%, while South Korea\u2019s Kospi dropped 2.44%. Hong Kong\u2019s Hang Seng gained 0.24%, China\u2019s CSI 300 fell 0.64%, and Australia\u2019s S&P\/ASX 200 advanced 0.34%.<\/p>\n\n\n\n

In after-hours trading, Microsoft shares climbed 3% after its Azure cloud business helped the company beat first-quarter fiscal 2027 earnings and revenue expectations. Conversely, Alphabet plunged 9% after missing third-quarter earnings and revenue estimates and reporting negative free cash flow of $9.07 billion. Alphabet maintained its full-year capital expenditure forecast of $195 billion to $205 billion.<\/p>\n\n\n\n

Investors remain focused on artificial intelligence-related spending and semiconductor demand. On Wednesday, the S&P 500 advanced for a third consecutive session, supported by Micron Technology\u2019s nearly 6% gain and Broadcom\u2019s increase of more than 2%. The Nasdaq Composite added 0.3%.<\/p>\n\n\n\n

The Federal Reserve held interest rates steady at 3.75%-4%, citing elevated inflation and the need for additional economic information before making further policy decisions.<\/p>\n\n\n\n

Markets will now focus on Thursday\u2019s September PCE inflation report, third-quarter GDP figures and weekly jobless claims. Earnings from Caterpillar, Eli Lilly, Amazon and Intel will also attract investor attention.<\/p>\n\n\n\n

 Upcoming Events:<\/strong><\/p>\n\n\n\n

\u25cf       12:30 PM    GMT   –   USD  Advance GDP Price Index q\/q<\/p>\n\n\n\n

\u25cf       1:15 PM    GMT   –   EUR  Main Refinancing Rate<\/p>\n\n\n\n

Risk Warning:<\/strong> Trading in securities involves significant risk. Prices may fluctuate and securities can become entirely valueless. You may incur losses that exceed your potential profits, and in some cases, losses may exceed the amount you have deposited. Securities, futures, options, and contracts for differences are complex financial instruments and are not suitable for all investors. Engaging in such transactions requires a sound understanding of the associated risks. Please read and ensure you fully understand our Risk Disclosure<\/a>.<\/p>\n\n\n\n

Our leverage is dynamic and may change at any time. Such changes may affect your positions and margin requirements. You are responsible for monitoring your positions and maintaining sufficient margin at all times.<\/p>\n","protected":false},"excerpt":{"rendered":"

Global Markets: \u25cf         Asian Stock Markets : Nikkei […]<\/p>\n","protected":false},"author":8,"featured_media":84958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-91452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/comments?post=91452"}],"version-history":[{"count":1,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91452\/revisions"}],"predecessor-version":[{"id":91453,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91452\/revisions\/91453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media\/84958"}],"wp:attachment":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media?parent=91452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/categories?post=91452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/tags?post=91452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}