Wall St futures climb after ‘Mag 7’ earnings; Fed hold, Hormuz tensions in focus

U.S. stock market futures experienced an upward trend following the earnings reports from the "Magnificent Seven" technology companies, which exceeded analysts' expectations. Investors are also closely monitoring the Federal Reserve's decision to maintain interest rates, as well as rising tensions in the Strait of Hormuz, which could impact global oil supply. These factors are contributing to a cautious optimism among market participants as they assess the economic landscape.

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