Finance

Major U.S. companies reported varied financial health, with Coca-Cola and Sherwin-Williams exceeding analyst expectations while Domino's Pizza shares plunged over 8% following a missed sales outlook. Meanwhile, logistics giant UPS maintained its full-year guidance despite reporting a drop in consolidated revenue to $21.2 billion for the first quarter.

The 10-year Treasury yield rose to approximately 4.35%, reaching a one-month high as the Federal Reserve prepared to begin its two-day policy meeting. Markets widely anticipate that interest rates will remain steady at the current 3.5%–3.75% range, though investors are closely monitoring Chair Jerome Powell's commentary for future guidance.

Bitcoin fell below the $77,000 mark as rising oil prices and stalled geopolitical negotiations dampened investor appetite for riskier assets. The broader crypto market faced additional headwinds from weak U.S. consumer sentiment data and concerns that a potential slowdown in AI expansion could impact miner-driven selling dynamics.