U.S. stocks on the move: GM, Amkor, Meta
GM•U.S. stocks were set to open higher as easing oil prices supported risk appetite ahead of corporate earnings and the Federal Reserve’s interest-rate decision. General Motors, Amkor Technology and Meta were among the stocks in focus.
1. Stocks in focus
General Motors gained after announcing a transfer of its exchange listing to Nasdaq. Amkor Technology rose on margin expansion and growing AI-driven computing revenue, while Meta dipped after an upsized $37.5 billion haul for its AI buildout.
2. Market backdrop
Major U.S. indexes were on track to open higher on Tuesday as oil prices eased, ahead of a raft of corporate earnings and the Federal Reserve’s interest-rate decision this week.
