From Barchart: 2024-04-29 10:57:00

This week brings a flurry of market activity, with important economic reports, a Federal Open Market Committee meeting, and over 1200 companies reporting earnings. While indices have rebounded from recent lows, uncertainty remains. Interest rates are likely to remain stable, as economic data has been stronger than anticipated. (50 words)

Domino’s Pizza and ON Semiconductor have both exceeded Q1 earnings expectations, with significant year-over-year growth. Shares for both companies have seen positive movement in response to the news. JinkoSolar’s mixed Q1 report shows improvement in some areas but falls short of revenue estimates. SoFi delivered strong Q1 results, but modest full-year guidance has dampened market enthusiasm. (50 words)

Earnings reports from Amazon and Apple later in the week will offer insights into these tech giants’ performance this year. Additional reports from NXP Semiconductor and Yum China will provide valuable sector and market data. Key market reports on home prices, ISM data, trade deficits, and productivity are anticipated to shape market sentiment. (50 words)

Investors can access Zacks’ stock recommendations for a $1 trial period to explore their portfolio services, including Surprise Trader and Technology Innovators. Thousands have already benefited from this offer, which provides access to successful stock picks from 2023. Market experts emphasize the opportunity to discover high-potential investment opportunities. (50 words)



Read more at Barchart: Wall Street to Start a Very Crucial Week