EARNINGS REPORTS: Magnificent Seven Stocks

By Staff Reporters

SPONSOR: http://www.MarcinkoAssociates.com

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  • Investors waited for the Magnificent 7 stock reports to begin rolling last evening. The NASDAQ rose to a new high on optimism while the Dow Jones fell, and the S&P 500 split the difference.
  • Alphabet announced earnings after the bell yesterday, Microsoft and Meta Platforms reveal their latest quarters today, Amazon and Apple on Thursday afternoon.
  • The 10-year Treasury yield hit a 4-month high this afternoon before paring back a bit as traders struggle to find a signal in all the market noise.
  • Oil rebounded a bit from yesterday’s terrible day, though it still ended the trading session lower.

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