After a busy week for Big Tech earnings, the market's attention will be focused on two key events in the week ahead — the Federal Reserve's latest policy decision and earnings from Apple , with 49% of the S&P 500 having reported results through last week, blended annual earnings growth stood at 2.7%, putting the index on pace to snap a three-quarters-long streak of earnings declines.
"Markets now better reflect some of the many uncertainties that persist," said Keith Lerner, chief market strategist at Truist Wealth, in an email on Friday. Hedge fund billionaire Steve Cohen expects a recession to come and go quickly before a stock market rally in 2024
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Key Federal Reserve Lending Facility to Steer Market's Treasury Bill AppetiteWhether this year’s mammoth run-up in US Treasury bill supply can be easily digested will depend largely on the Federal Reserve’s key liquidity facility.
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