NASDAQ Composite (^IXIC)
- Yahoo Finance
Fed meeting, jobs data, Apple earnings: What to know this week
Wall Street will be buzzing in the week ahead, as earnings from Big Tech, the Federal Reserve’s first meeting of the year, and the monthly jobs report for January set up the busiest week of the new year.
- Australian Associated Press
Wall Street ends higher as Fed meet looms
Wall Street has gained ground, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also economic resiliency ahead of next week's Federal Reserve monetary policy meeting.The S&P; and the Nasdaq ended green on Friday, while the Dow closed essentially unchanged.
- Motley Fool
The Expected 2023 Recession May Not Materialize. That Could Be a Problem for Tech Stocks
Calls for a recession in 2023 are now deafening, with not only many economists and experts projecting one, but lots of data and other economic indicators are telling investors to expect one as well. The interesting thing is that a recession may not be so bad for the market, especially when you think about the tech sector, which struggled immensely in 2022. It also might prompt the Federal Reserve to cut interest rates if the agency feels the economy slows too much and needs to be stimulated.
