The market's mini rally faces a key test after the bell when tech giants Alphabet and Microsoft report.
Watch Live: Options traders break down a massive Alphabet trade into earnings
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
Apple brings touch to the Mac, reversing years-old stance on touchscreen laptop
Apple announces a new touchscreen laptop, the company's third major launch under new CEO John Ternus.
We're adding a new, high-profile AI play to our Bullpen stocks to watch list
With the Club portfolio now down to 31 positions, we are working on new ideas to add to the Bullpen.
Anthropic IPO filing warns some risks may be uninsurable. AI coverage will be issue for every company
Anthropic warned the market there may not be enough insurance in the world to covers its AI risks. To less extreme degrees, it's an issue all companies face.
Fed holds rates steady despite concerns over inflation
Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.

Budget 2026: what it means for your wallet, your mortgage and your pay
How the chancellor’s measures on tax, benefits and pensions will affect your personal finances Healey offers £100 payment to households to help navigate ‘global economic storms’ Budget 2026: key points at a glance Budget 2026 calculator: find out if you are better or worse off Josh graduated two years ago from an English university and is back home in London. He earns £28,500, out of which he pays £3,186 in income tax and £1,274 in national insurance (NI) contributions a year. This results in take-home pay of £2,003 a month or £24,040 a year. Despite an outcry, the salary threshold for repaying his plan 2 student loan will remain frozen at £29,385 for three years from next April, so any pay rise is likely to trigger payments. Graduates must repay 9% of earnings over the threshold. Continue reading...

Tax thresholds remain unchanged - here's what it means for your pay
The point at which you start to pay tax, and the point where you tip into paying a higher rate of tax have been frozen for three more years.