The Dow Jones Industrial Average ($DJI) starts the week on a 10-day winning streak, its longest stretch in nearly six years and a sign that there’s likely been some sector rotation occurring as investors widen their exposure to names outside of info tech.Įarnings kick off in a big way with Microsoft (MSFT) tomorrow afternoon. We’re coming off a mixed week during which the S&P 500 Index (SPX) rose 0.7% for the benchmark’s eighth weekly gain in the past 10 but the Nasdaq (COMP) slipped 0.6% as mega-cap tech stocks retreated from recent peaks. Most of the action starts tomorrow, and trading was subdued in premarket hours Monday as investors awaited the excitement to come. (Monday market open) The week ahead has something for everyone, including a Federal Reserve meeting and reports from roughly 30% of all S&P 500® companies. Busy week ahead features Fed meeting and earnings from about 30% of S&P 500 companiesĮarnings parade begins tomorrow with Microsoft Meta, Alphabet on deck later in weekĬrude on the rise, along with volatility, but Treasury yields slightly softer early Monday
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