From FX Leaders: 2024-05-04 04:56:34

Last week was a mixed bag for the S&P 500 and Dow Jones, both consolidating after strong earnings. The S&P 500 closed at 500 points, while the Dow Jones ended at 502 points. Investors are analyzing earnings reports, with over 70% of S&P 500 companies surpassing estimates. Tech giants like Apple and Facebook are driving market performance. GDP growth, inflation concerns, and Federal Reserve policies continue to impact market volatility. The coming weeks will be crucial in determining how markets respond to earnings and economic data.



Read more at FX Leaders: Consolidating Week for S&P 500, Dow Jones After Strong Earnings – FX Leaders