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Stock Market Today: Dow Jones, Nasdaq 100 Futures Tumble After Trump Fires Fed Governor Lisa Cook—Interactive Brokers, PVH Corp, Okta In Focus

1. U.S. stock futures fell following President Trump’s controversial firing of Lisa Cook. 2. Interest rates are expected to be cut based on market projections. 3. Okta Inc. is expected to report earnings today, estimated at 84 cents per share. 4. Overall market volatility is anticipated due to economic uncertainties and inflation risks. 5. Analysts maintain a neutral stance on equities amid optimistic stock valuations.

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FAQ

Why Bullish?

Okta's stock rose 1.03% prior to its earnings release, indicating market optimism. If earnings exceed estimates, it could further uplift the stock price.

How important is it?

Positive earnings expectations often correlate with stock price increases, making this article relevant. Factors like recent market volatility and expectations of broader economic indicators also play a role.

Why Short Term?

Upcoming earnings may lead to immediate price fluctuations, particularly if results are significantly above or below expectations. History shows earnings surprises can cause rapid stock movements.

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