S&P 500 and Nasdaq 100 Futures Rise as Fed Holds Interest Rates

U.S. stock futures rose on Thursday after the Federal Reserve's decision to keep interest rates unchanged, following Wednesday's lower close.

The Dow Jones, S&P 500, and Nasdaq 100 indices all gained ground, with the S&P 500 rising by 0.32% to $731.78 and the Nasdaq 100 advancing by 0.58% to $665.18.

Meta Platforms Inc., Microsoft Corp., and Qualcomm Inc. were among the stocks in focus, with Meta's shares down 8.51% after reporting mixed financial results for the second quarter.

Analyst Luke Lango remains bullish on the stock market and U.S. economy, arguing that current market anxieties over an 'AI risk cocktail' are grossly overblown and already priced into valuations.