After a poor day for the main averages, S&P 500 futures saw a spike on Thursday as the Federal Reserve kept interest rates unchanged while indicating that a March reduction is unlikely.
Nasdaq 100 futures and futures correlated with the broad market index increased by 0.6% and 0.4%, respectively. The Dow Jones Industrial Average futures had a 0.1%, or 46 point, increase.
Even after the chipmaker revealed fiscal first-quarter results that above revenue and earnings projections, citing strength in handset chip sales, Qualcomm’s shares fell 2%.
Source (CNBC)
