"As long as growth remains in the sweet spot here ... the market will keep grinding up," a portfolio strategist said. — Reuters
NEW YORK: The US stock market’s strong start to the year faces a major test next week in a stretch packed with big tech earnings, the Federal Reserve’s monetary policy meeting and the closely-watched employment report.
The S&P 500 is up nearly 3% since the end of December and stands near record highs, driven in part by expectations of a US economic "soft-landing” in which growth remains stable while inflation cools.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
