US stocks recorded some volatility as traders reacted to earnings results. Tech earnings have been under the radar and could continue to drive sentiment.
The release of Meta’s earnings is expected today and Amazon’s tomorrow.
Elevated Treasury yields could continue to weigh on the stock market as they remain near their multi-year high, although they declined from their peak.
At the same time, markets could remain cautious in the run-up to the Federal Reserve interest rate decision next week. While it is expected to keep its interest rates unchanged, upcoming economic data this week could affect sentiment.
Best regards,
Leave a Comment