Dow Slips After Fed Rally, Meta Slumps, Apple Earnings Ahead—and What Else Is Happening in the Stock Market Today

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Stocks slipped Thursday after staging a rally following the Federal Reserve’s latest decision on interest rates, with investors looking to earnings results from Apple the largest public company, later in the day.

Futures for the Dow Jones Industrial Average retreated 40 points, or 0.1%, after the index advanced 436 points on Wednesday to close at 32,197. S&P 500 futures signaled a start 0.4% into the red, with the tech-stock-heavy Nasdaq poised to fall 0.9%. The S&P 500 and Nasdaq climbed 2.6% and 4.1%, respectively, in the previous session, with the tech benchmark notching its best day since April 2020.