Record-High S&P 500 Spunk Tested Next by Fed Clues and Magnificent 7
- Week brings two big events that could waylay rally strength
- Technology giants unveil earnings in face of lofty valuations
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After a malaise enveloped markets at the start 2025, the return of bulls to Wall Street has driven US stocks back to fresh highs. Whether that risk-on enthusiasm will continue comes down to what happens this week.
Traders are staring down a batch of crucial hurdles in the days ahead after the S&P 500 Index notched a record Thursday for the first time since early December, while logging its best start to a presidential term since Ronald Reagan’s second term began in 1985. The Federal Reserve will offer clues to the trajectory of interest rates as uncertainty around monetary policy and inflation cloud the outlook, while American technology behemoths are poised to unveil their earnings scorecards in the face of lofty valuations.