Stocks Rise on Earnings Hopes Ahead of Fed Decision

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On April 29, 2026, global equities steadied as stock rally momentum returned, driven by robust earnings optimism while investors turned their gaze toward the upcoming Federal Reserve decision. Sentiment improved as corporate resilience tempered earlier concerns.

Stocks Rally as Earnings Cheer Builds Before Fed Call

Global markets regained traction, with stock rally trends emerging across Asia as corporate earnings lifted confidence. MSCI’s Asia-Pacific index outside Japan rose 0.2%, reversing earlier losses, while S&P 500 e-mini futures added 0.2%.

A wave of upbeat results fueled the advance, with 81% of reporting S&P 500 firms surpassing estimates. Earnings season, typically marked by downward revisions, is instead seeing upgrades—an unexpected shift energizing investors. “Is this the earnings season that rewrites expectations?” the market seems to ask.

Tech Earnings and Fed Decision in Sharp Focus

Attention now pivots to major U.S. tech earnings and the Federal Reserve’s policy outcome. The AI-driven rally faces scrutiny following concerns over growth targets, briefly pressuring tech shares.

Meanwhile, expectations remain firm that the Fed will hold rates steady, with markets pricing a 100% probability of no change. As stocks rally on optimism, investors await signals that could define the next market chapter.