S&P 500 slides as traders brace for a busy week of earnings, Fed rate decision

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Earnings reports from Big Tech giants including Apple and a possible Fed rate hike will test Wall Street's January rally.

Carvana shares paused for volatility amid nearly 30% jumpwere briefly halted Monday morning amid a 28% surge in the stock price. The stock was paused from about 9:45 a.m. ET until 9:50 a.m. ET according to Nasdaq Trader.The surge could be due to a short squeeze, or when traders betting against the company are forced to sell to cover their losses, sending shares higher.

"So rather than being the dismal start, H1 could in fact turn out to be a period of 'easy gains,'" wrote Max Kettner, chief multi-asset strategist at HSBC Bank. "For H1 this all creates the perfect backdrop for a temporary goldilocks period – something our machine learning models agree with," Kettner wrote.The Dow Jones Industrial Average slipped 83 points, or about 0.3%. S&P 500 fell 0.6%, and the Nasdaq Composite dropped by 1%.to buy from hold, noting it was worth buying after the electric vehicle maker cut prices and saw shares tumble in recent months.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Stock futures are little changed ahead of busy week of earnings, Fed meetingEarnings reports from Big Tech giants including Apple and the a possible Fed rate hike will test Wall Street's January rally. I have been following up Victoria E Morgan in trading, crypto, stocks and forex and she's been giving out good setups and analysis for a profitable trade ,her signals 99% guaranteed with her guidance I was able to get 10k in one day with good risk management WhatsApp+447378509930
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Apple, Amazon earnings, jobs data and Fed decision top week aheadThe Fed's February meeting as well as earnings from automakers, oil companies and tech companies, including the biggie, Apple, will steer financial markets this week.
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Dow futures drop 200 points as Fed decision, tech earnings awaitU.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key...
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Stock market news today: Investors await Fed and mega-cap tech earningsUS stocks slide as investors turn focus to Fed meeting and brace for mega-cap tech earnings Not my kind of investing, don't follow every whim real investing is for the long haul
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