By Staff Reporters
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Peak earnings season: Five of the Magnificent Seven Stocks will be among the 181 companies reporting their earnings this week. Alphabet is in the Mag Seven lead-off spot on Tuesday, Microsoft and Meta step to the plate on Wednesday, and Apple and Amazon rounding out the lineup and this baseball metaphor on Thursday. These companies account for almost 25% of the S&P 500, which is up 40% over the past year and not far off its record closing number from earlier this month. But, the approaching election, it could be a volatile week in the stock markets.
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- Markets: Stocks are currently driving the narrative on Wall Street. Last week, bonds sold off in a big way (driving yields to their highest level since July) in a sign investors are dialing back expectations of more aggressive rate cuts from the Federal Reserve.
- Stocks nevertheless handled the bond volatility with aplomb, and with help from Tesla’s 22% one-day rise, the NASDAQ is sitting within 2% of its record high.
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Filed under: "Ask-an-Advisor", Accounting, Breaking News, Funding Basics, Glossary Terms, iMBA, iMBA, Inc., Investing, Portfolio Management, Taxation | Tagged: bonds, corporate earnings, earnings reports, earnings season, Federal Reserve, financial advisors, FOMC, iMBA, inflation, Investing, magnificent seven, Medical Business Advisors Inc, medical executive post, Mutual Funds, NASDAQ, peaking earnings season, risk tolerance, stocks, Wall Street |















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