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WALL ST GAINS ON MEGACAP BOOST AHEAD OF FED RATE VERDICT

  • NEWS Desk Global
  • Oct 30, 2023
  • 1 min read

Wall Street's main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of earnings and interest rate decisions from major central banks, including the Federal Reserve. Amazon.com (AMZN.O), Alphabet (GOOGL.O), Microsoft (MSFT.O) and Meta Platforms (META.O), which reported earnings last week, rose between 1% and 2.6%. The communication services (.SPLRCL) index jumped 1.8%, leading the advance among major S&P 500 sectors.

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