The Stock Rally Has Stalled. Now Comes Earnings Season
From Wall Street Journal:
Stocks pulled back recently and investors are looking to the upcoming earnings season for insight into companies’ growth prospects. U.S. stocks rallied in 2023 but struggled to extend gains into the new year. The S&P 500 dropped 1.5% in the first week of January. Tech stocks, which led the market last year, stumbled, with Apple and Microsoft falling 5.9% and 2.2%, respectively, in the past week. This news is brought to you by Dow Jones & Company, Inc. All Rights Reserved.
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