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Bets that the Fed has exhausted its rate-setting campaign fueled the recent broad-based move to the upside. PCE data ahead.
Nvidia is on the earnings deck today and analysts expect to see a 500% profit increase. The Fed’s minutes will be released too.
The stock-market rally got new legs Tuesday, fueled by lower-than-expected consumer-price data. Futures ticked up.
The broad-based Wall Street benchmark is riding on a streak unseen since 2021. Plus, Microsoft shares hit an all-time high.
Market sentiment was quick to shift with the broad-based index on track to secure a 5% weekly gain. Futures turned lower.
About half of all 500 companies in the broad index have reported and 78% of them have surpassed earnings expectations. But the crowds go mild.
It’s the week of the Magnificent Seven and all eyes are on the big boys in the tech industry. Microsoft and Alphabet already had their turn.
Third-quarter financial reports are flowing in as investors parse through mixed data, trying to figure out what’s going on.
Futures early on Tuesday were in the green with investors feeling more confident to own the risky assets.
Wall Street is eyeballing a cool 163,000 new jobs created in September. Futures early Friday turned higher and the dollar flatlined.
The S&P 500 languishes near its June lows as markets registered a losing month and a losing quarter. Earnings arrive next week.
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