.July 30, 2024 03:53:43 AM

The U.S. stock market closed higher on Monday, but investors are cautious as they await the Federal Reserve’s interest rate decision and tech companies’ second-quarter earnings reports. Any hint of a more hawkish Fed stance could lead to market turbulence, while recent disappointing results from Tesla and Alphabet have raised concerns about the tech sector’s growth.

Investors are concerned about a potential earnings slowdown in the tech sector and the Fed’s monetary policy stance. To navigate this uncertainty, consider focusing on companies with strong fundamentals and consistent earnings growth. Diversification across sectors and asset classes is key to managing risk in volatile markets.

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