Stock Market Today: S&P 500, Nasdaq 100 Futures Gain as Federal Reserve Holds Interest Rates—Meta, Micros

U.S. stock futures were higher on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close.Investors digested the Federal Reserve‘s decision to leave interest rates unchanged, which came alongside a rare dissent from three FOMC members who voted in favor of a rate hike as inflation persists above the Fed’s 2% target.Meanwhile, the 10-year Treasury bond yielded 4.69%, and the two-year bond was at 4.27%. The CME Group’s FedWatch tool’s projections show markets pricing a 65.2% likelihood of the Federal Reserve hiking the current interest rates during its September meeting. IndexPerformance (+/-)Dow Jones0.28%S&P 5000.32%Nasdaq 1000.58%Russell 20000.27%Stocks In FocusMeta Platforms

Benzinga’s Edge Stock Rankings indicate that META maintains a weak price trend in the short, medium, and long terms, with a good quality score.

Microsoft Corp. (NASDAQ:MSFT) jumped 8.09% after reporting better-than-expected fourth-quarter financial results Wednesday after market close.

Benzinga’s Edge Stock Rankings indicate that MSFT maintains a weak price trend in the short, long, and medium terms, with a moderate growth score.

Qualcomm