Stock Market’s Fate Rests on $10 Trillion in Big Tech Earnings
- Microsoft among five big tech companies reporting this week
- Tech behemoths are again powering the S&P 500 higher this year
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Investors wondering where the S&P 500 is headed, at least for the next month or so, will want to pay attention to three key days this week.
Between Tuesday and Thursday, five Big Tech companies with a combined market value of more than $10 trillion will report earnings: Microsoft Corp., Alphabet Inc., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. Meanwhile, the Federal Reserve will issue its decision on interest rates, followed by Chair Jerome Powell’s press conference where he’s expected to discuss the outlook ahead.