Stock-market rally faces Fed, tech earnings and jobs data in make-or-break week
From Dow Jones & Company:
Stock-market investors are eagerly awaiting the Federal Reserve’s monetary-policy meeting, December employment report, and earnings from major technology companies. The S&P 500 closed at a record high for five days, but finished slightly lower on Friday. Expectations of rate cuts by the Fed have driven U.S. stock- and bond-markets to rally. However, comments from Fed Chair Jerome Powell during his news conference are likely to shift these expectations. Labor-market data, including the nonfarm payroll report for January, will also impact U.S. financial markets. Earnings from major technology companies could drive S&P 500 earnings higher.
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