Strong results from Amazon and a decent showing from Apple are in the spotlight after risk-off sentiment, big losses for Meta, and weak chip stocks took some sizzle off the rally.

The bull run in stocks is taking a pause today as markets digest hawkish commentary from Fed Chair Powell and mixed reactions to mega-cap tech results.

Fed Chairman Powell's hawkish rate talk cooled Wednesday's rally, and two of the three mega caps saw shares fall despite exceeding consensus. Apple and Amazon report later today.

The Mexican peso has gained 16% against the U.S. dollar this year, even as Mexico continues to renegotiate terms with its biggest trading partner.

The Federal Reserve lowered its policy interest rate by 25 basis points, as widely expected. However, dissenting votes may cloud the path forward.

Alphabet, Microsoft, and Meta Platforms report after the close with all eyes on AI spending trends. The Fed is expected to cut rates 25 basis points, futures trading suggests.

Municipal bonds offer tax-adjusted yields, generally high credit quality, and other advantages that may make them attractive investments.

The government shutdown drags on, with several potential pressure points looming in coming days.

Still-healthy demand and disciplined cost control are central themes for earnings, which continue to suggest a mostly resilient economy in light of government data darkness.