00:04 John Highland
It’s time for the Yahoo Finance Market Minute. I’m John Highland.
00:07 John Highland
We are taking a look at stocks today, trading softly as investors await a Fed rate decision in just an hour’s time.
00:13 John Highland
and also big tech earnings from Amazon, Apple, uh Alphabet, Meta, Microsoft this week. Four of those names reporting today, Apple reporting tomorrow.
00:23 John Highland
So a big week for tech earnings, a big week for interest rates. We’ll see the Fed is expected to hold rates steady.
00:28 John Highland
And so we’ll continue to watch that. We’re also taking a look at oil, pushing higher. President Trump according to Axios has reportedly rebuffed Iran’s proposal for the straight of hormuz.
00:36 John Highland
So we are still seeing a US blockade in place there. And then finally, I just want to take a look at Disney shares.
00:41 John Highland
They’re down a little bit today. Business insiders reporting that Disney is planning to keep ESPN. They had reportedly been planning to spin it off,
00:48 John Highland
but this would mark a first uh big decision under CEO Josh Demaro at the helm of that company.
00:54 John Highland
And that is your Yahoo Finance Market Minute. I’m John Highland.
