US Stock Markets this week: Wall Street gears up for Fed rate decision; Q3 earnings from Alphabet, Microsoft, Amazon

Wall Street enters the week ahead of a Federal Reserve rate decision while investors also weigh third-quarter earnings reports from Alphabet, Microsoft, and Amazon. The Fed decision transmits primarily through the rate differential channel, where the policy path shapes Treasury yields and, in turn, the relative attractiveness of dollar-denominated assets against other currencies, which is why USD is directly exposed. The S&P 500 carries heavy weighting in these three mega-cap technology names, so their results can move the index materially, and high-multiple growth stocks are particularly sensitive to shifts in discount rates implied by Fed guidance. Alphabet, Microsoft, and Amazon will be scrutinized for cloud revenue growth, advertising trends, and capital expenditure plans tied to artificial intelligence infrastructure, with any guidance on spending influencing expectations across the broader technology sector. Traders should watch the Fed's post-meeting statement and the chair's press conference tone for signals on the timing of future rate cuts, alongside the cloud segment revenue figures in the earnings releases.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.