After a current pullback in shares, traders wish to the approaching earnings season for readability on firms’ development prospects.
U.S. shares defied expectations to rally in 2023 however have struggled to increase positive aspects into the brand new yr. The S&P 500 shed 1.5% within the first week of January. Tech shares, which led the market final yr, have stumbled, with Apple and Microsoft falling 5.9% and a couple of.2%, respectively, up to now week.
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