Politic > U.S.

Stocks sink as markets brace for big week with Fed, earnings

2 monthes ago   |   By Boston Herald

By STAN CHOE
NEW YORK - Stocks sank Monday as Wall Street prepped for a week full of potentially market-moving events, from decisions on interest rates around the world to earnings reports from the biggest U.S. companies.
The S&P 500 dropped 1.3%, giving back some of the gains that had carried it last week to its highest level since early December. The Dow Jones Industrial Average fell 260 points, or 0.8%, while the Nasdaq composite sank 2%.
Markets have been veering recently on worries that the economy and corporate profits may be set for a steep drop-off, along with competing hopes that...
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The stock market is facing a make-or-break week as investors try to hold onto the latest rally amid Fed moves and big-name earnings

2 monthes ago   |   By Business Insider

Lucas Jackson/Reuters It's a make-or-break week for the stock market and its current rally, according to Fairlead Strategies' Katie Stockton. She said a lot of stocks need to sustain their recent gains by the end of this week to confirm a breakout. But big volatility events like the Fed's expected rate hike and mega-cap tech earnings could derail the breakouts. This week is make-or-break for the stock market as investors contend with a convergence of key technical breakout confirmations and market-shaking news. According to Fairlead Strategies' Katie Stockton, the year-to-date rally in...
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