S&P 500 Index: Disney Soars, AMD Gains as US Stocks Rise Ahead of Fed Forecast

Uber is falling around 6% after missing revenue estimates, despite beating on earnings.

Super Micro Computer is also down more than 6% after guiding weak on revenue, while AMD is gaining over 1% following strong results.

Novo Nordisk is climbing nearly 5% on bullish guidance for weight-loss drug Wegovy.

Wynn Resorts is up about 3% after a Bank of America upgrade, despite softer results in Macau.

Sarepta Therapeutics is under pressure, dropping 18% after a sharp guidance cut that’s weighing on biotech sentiment.

How are sectors reacting in early trade?

Consumer Discretionary is leading gains, up 1.02%, driven by Disney’s performance. Financials are up 0.67%, and Health Care and Industrials are each advancing around 0.55%. Technology is posting smaller gains, up 0.22%, while Materials is the only sector trading lower, down 0.38%. The broad sector strength points to measured optimism ahead of the Fed announcement.