Lucas Jackson/Reuters
This week is set to be a significant one for the stock market as investors face a deluge of data.
The earnings results of the two largest companies in the world, Microsoft and Apple, are on the horizon.
Investors also need to navigate a Federal Reserve interest rate decision and the January jobs report.
It’s poised to be a monumental week for the stock market as investors grapple with a wave of economic data and determine whether the recent rally to record highs is sustainable.
The S&P 500 is coming off two weeks of record highs, driven by optimism about earnings and data indicating healthy growth in the US economy, despite signs of cooling inflation.
This week, however, could be a make-or-break moment for the rally of the past two weeks, with three major events looming for investors.
Mega-cap earnings frenzy
The frenzy begins on Tuesday with the earnings results from mega-cap tech companies Microsoft and Alphabet. Investors will be closely focused on…
2024-01-28 16:15:01
Source from finance.yahoo.com