Wall Street’s week ahead: U.S. stocks rally could find fuel in earnings, jobs data amid surging oil prices
More than 100 companies in the S&P 500 are set to post results next week
Opening excerpt (first ~120 words) tap to expand
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountInvestors will look for another batch of earnings reports and fresh employment data to drive a resilient U.S. stocks rally higher next week, in the face of spiking oil prices and a more hawkish Federal Reserve.Major U.S. stock indexes were at record-high levels on Thursday, following a sharp month-long rebound from concerns about economic fallout from the Middle East war. A broadly strong season for corporate profits is underpinning bullishness for U.S. equities and countering other market headwinds.The benchmark S&P 500 and the technology-heavy Nasdaq Composite both ended April on Thursday with their biggest monthly gains since 2020.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
Discussion
0 commentsMore from The Globe and Mail
