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The Stock Rally Has Stalled. Now Comes Earnings Season

by Edinburg Post Report
January 7, 2024
in Latest • Trending
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Updated Jan. 7, 2024 12:02 am ET

After a recent pullback in stocks, investors are looking to the coming earnings season for clarity on companies’ growth prospects.

U.S. stocks defied expectations to rally in 2023 but have struggled to extend gains into the new year. The S&P 500 shed 1.5% in the first week of January. Tech stocks, which led the market last year, have stumbled, with Apple and Microsoft falling 5.9% and 2.2%, respectively, in the past week.

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tags: asset managementBACBank of AmericaC&E Industry News FilterContent TypescorporateCorporate/Industrial NewsEarningsEarnings ProjectionsFactiva FiltersFinancial Investment ServicesFinancial PerformanceFinancial Servicesfundindustrial newsinvestingInvesting/SecuritiesJPMJPMorgan Chase &LINK|i1-WP-WSJ-0001472858LINK|i2-WP-WSJ-0001472858LINK|i3-WP-WSJ-0001472858LINK|i4-WP-WSJ-0001472858LINK|i6-WP-WSJ-0001472858LINK|i8-WP-WSJ-0001472858North AmericaportfolioPortfolio/Fund/Asset ManagementsecuritiesSYNDunited statesWSJ-PRO-WSJ.comwsjfinance-markets
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