Tech is no longer the star on Wall Street. The Dow Industrials and the S&P 500 look set to rally at the open as investors embrace strong earnings from Dow components Caterpillar (CAT) and McDonald’s (MCD). However, a drop in shares of Alphabet (GOOGL) are weighing on the Nasdaq. Yahoo Finance’s Alexis Christoforous, Andy Serwer and Sean Smith report on the day’s top stories.
HONG KONG (AP) — Asian stock markets are mixed Wednesday, with upward momentum from a record day on Wall Street and buoyant oil prices offset by investor caution ahead of the Fed's upcoming interest rate decision.