Stocks Round-Trip Fed Gains; Carvana Spikes Late

Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. Carvana ( CVNA ) and Qualcomm ( QCOM ) led earnings reports Wednesday night. X The stock market rally attempt had a wild afternoon. The major indexes rose sharply after the Fed agreed to slow the pace of balance sheet reductions while Fed chief Jerome Powell didn't take a hawkish tone. But in the final hour they slashed gains, closing mixed. AI stocks had a tough day after Advanced Micro Devices ( AMD ) and Super Micro Computer ( SMCI ) sold off after earnings. Nvidia ( NVDA ) pared sharp losses somewhat, but faded again into the close. After the close, Qualcomm, DoorDash ( DASH ), Sprouts Farmers Market