The European Central Bank on Thursday confirmed expectations of a 50 basis point interest rate increase, taking its key rate to 2.5%.

MORNING SQUAWK EMEA Friday February 03 2023 AS OF FRI, FEB 03, 2023 • 09:00 ET S&P 500 Close 4,179.76 +1.47% +60.55 S&P 500 Futures 4,167.75 -0.57% -23.75 Nikkei 255 27,509.46 +0.39% +107.41 European Central Bank raises rates by 50 basis points, pledges further hike in March The European Central Bank on Thursday confirmed expectations of a 50 basis point interest rate increase, taking its key rate to 2.5%.   More » Adani Enterprises plunges 25% as rout deepens in Hindenburg fallout; Asia stocks mixed Investors on Friday digested Wall Street's rally driven by technology stocks after Meta surged 23% on a better-than-expected earnings report. More » Apple sales drop 5% in largest quarterly revenue decline since 2016  Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over-year sales decline since 2019.   More » Alphabet misses on earnings and revenue as YouTube falls short Google's core business is mired in a period of slow growth as businesses reel in ad spending. More » S&P 500 advances more than 1% to its best level in five months as Meta leads tech-fueled rally Investors await a trio of major tech earnings Thursday following Meta's latest results.  More » TODAY'S GUEST HIGHLIGHTS ON CNBC All times in CET 07:40 Nicola Mendelsohn VP Global Business Group, Meta Meta 08:30 Georges Tijbosch CEO, MiQ Sustainable Future 09:00 Ben Wood Chief Analyst and CMO, CCS Insight Apple Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2023 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS