![]() It's a major week for industrial companies and big oil as well. Big tech earnings are on deck from Alphabet, Microsoft and Meta. Wall Street is anticipating earnings results from some 150 S&P 500 companies this week, or about 30% of the broader index. Traders will be listening to comments by Chair Jerome Powell to get a sense of the central bank's position on what happens next as it tries to navigate a soft landing for the economy. The Fed is widely anticipated to raise rates by a quarter percentage point at the conclusion of its meeting on Wednesday. Still, some market participants expect a major week for earnings, as well as the Federal Reserve's last policy meeting until September, could test the recent rally. So as long as there's no evidence of recession, and I think the market will probably continue to melt up people are chasing," Steve Eisman, senior portfolio manager at Neuberger Berman, said on CNBC's " Squawk Box." "So far, there's no evidence of a recession. ![]() For the week, the S&P 500 added 0.7%, while the Nasdaq Composite fell 0.6%. The blue-chip Dow eked out a 2.51-point gain on Friday, marking its longest rally since August 2017. Stocks continued to grind higher even after a 10-day advance for the Dow Jones Industrial Average. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() ![]() Best Debt Consolidation Loans for Bad Credit ![]()
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