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Magnificent 7 Set to Report Amid S&P 500 Losing Streak: What to Expect

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S&P 500 News

Intel Corporation,Microsoft Corporation,Goldman Sachs Group Inc

Stocks Analysis by Christine Short covering: S&P 500, Intel Corporation, Microsoft Corporation, Goldman Sachs Group Inc. Read Christine Short's latest article on Investing.com

Markets continue their downward momentum despite a positive start to the Q1 earnings seasonAll eyes turn to the Magnificent 7: Tesla , Meta , Alphabet and Microsoft out this week.Can Big Tech Turn Markets Around? Or Are Investors Too Blinded by Fed Commentary?headed for its longest losing streak of the year, down for six consecutive days, as investors continued to focus on inflation, Fed commentary and the sinking realization that interest rate cuts might not come until 2025.

The official pre-peak season LERI reading for Q1 stands at 114, back above the baseline reading, suggesting companies are feeling less certain about economic conditions than they were at the beginning of the year. As of April 12, there were 43 late outliers and 34 early outliers.On Deck this Week - The Magnificent 7

 

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