Investing.com-- The S&P 500 closed higher Monday, with Tesla and Apple leading the charge as quarterly earnings season continues to roll on just a day ahead of the latest Federal Reserve meeting.
"The statement language is likely to be altered in a hawkish direction, reflecting economic developments in recent weeks, particularly the strong inflation readings for March," Macquarie said in a Monday note.Terrible GDP numbers and no rate cuts are all baked in and shrugged off. The flavor of the day and the cover for FED liquidity injections is Tesla and the usual 'waiting for the FED' Stocks up!The market will burn down again on Wednesday afternoon.
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