Nasdaq-100 futures climbed before major earnings reports.

Nasdaq-100 futures reached a session high of 26,349, missing a new record high by 0.19%. The market maintained a positive tone following a mildly hawkish Federal Reserve decision where officials indicated that risks to their mandates are becoming more balanced. Prices gapped higher from the previous settlement of 26,073 as inflation concerns appeared to diminish. Market participants turned their attention to high-impact earnings from Microsoft, Meta, and Tesla after the close. These three companies represent a combined 14.2% of the Nasdaq-100 by weight, with a total market capitalization exceeding 6.0 trillion. Future price action is expected to be driven by these corporate results during the overnight session.