Stock market news today: US stocks rise as eyes turn to big week of events

was also up around 0.8% in the wake of a downbeat week driven by mixed results for Big Tech earnings.

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Investors More Focused on Apple Earnings Than Federal Reserve MeetingInvestors are concerned about Apple's upcoming earnings report as the company faces a slump in smartphone sales and a decline in revenue for a fourth consecutive quarter. The stock is already struggling, erasing about $460 billion in market value. If Apple shows weakness, it could have a ripple effect on other stocks.
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Stocks and Bonds Await Federal Reserve Meeting and Employment DataThe course for stocks and bonds for the rest of the year may be determined by the Federal Reserve meeting, U.S. employment data, and earnings from Apple Inc. October has been volatile, with stocks down 3.5% for the month. The bond market, influenced by the Fed's interest rate stance and rising fiscal concerns, will play a significant role in determining market performance. Investors are concerned that higher Treasury yields could further impact stocks. Strong employment data and a hawkish message from the Fed could lead to a rise in yields.
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Big Tech Earnings and Federal Reserve's Policy Decision in FocusInvestors turn their attention to the Federal Reserve's policy decision and Apple's earnings after a challenging few months for the market. The upcoming week will also bring crucial economic data including the October jobs report and manufacturing activity readings.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »