- US stocks rose on Wednesday as investors welcomed lower inflation in the United Kingdom and anticipated the start of tech earnings at the close of New York trading.
- Netflix shares fell after hours after the company's third-quarter sales forecast fell short of expectations. Tesla rose after reporting second-quarter earnings that exceeded expectations. In addition, IBM fell after missing sales projections.
- During the regular session, Apple rose following a report on its AI efforts, while Alphabet and Microsoft fell. In other news, Goldman Sachs' profit slump contrasted with earlier-in-the-week beats from peer investment firms.
- Bond prices in the United States rose alongside those in Europe and the United Kingdom, as inflation in the United Kingdom fell to its lowest level in 15 months. The report raised hopes that central banks will ease up on interest rate hikes. However, shaky economic reports have shown that the Federal Reserve is far from triumphant. Commodity prices, including wheat, rose midday Wednesday following Russia's warning that any ships heading to Ukraine would be perceived as carrying arms.
