Hello readers!
This week is packed with exciting events for investors. Five of the Magnificent Seven tech stocks are reporting earnings, and the Federal Reserve is meeting to make its next interest rate decision.
Let's start with the tech sector. The tech-heavy Nasdaq Composite gained 1.1% on Monday, indicating that the markets are optimistic about the upcoming earnings reports. Keep an eye on companies like Microsoft, Google parent Alphabet, Advanced Micro Devices, and Starbucks, as they are scheduled to report their earnings post-market close.
Now, let's talk about the Federal Reserve meeting. While it's unlikely that the Fed will make any changes to its interest rate target this week, the policy statement and Chair Jerome Powell's post-meeting press conference on Wednesday will likely signal changes are on the horizon. Investors will be closely watching for any hints about future monetary policy decisions.
It's important to stay informed about the latest market developments. Check out the sources below for more information:
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