6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead

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Dow Jones Industrial Average,NVIDIA Corp,Netflix Inc

We're also going to continue to watch Israel and Iran tensions as well as the continued fighting in the Israeli-Hamas war and Russia's war in Ukraine.

It was another ugly week for stocks. The S & P 500 and the Nasdaq on Friday extended their declines to six straight sessions, their worst losing streaks in more than 1½ years. The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Since its all-time high of $974 per share, Nvidia has dropped nearly 22%.

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City.It was another ugly week for stocks. The S&P 500 and the Nasdaq on Friday extended their declines to six straight sessions, their worst losing streaks in more than 1½ years.

 

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