Reported about 1 year ago
The article discusses the rotation of the Magnificent Seven tech stocks including Amazon, Apple, Alphabet, Nvidia, Meta, Microsoft, and Tesla, with Apple rising while Nvidia and Amazon decline. S&P 500 earnings expectations are at an all-time high, while the potential recession indicator known as the Sahm Rule could be triggered. Yahoo Finance's Jared Blikre provides insights on market trends and implications for the market moving forward, including the performance of tech stocks, earnings expectations, and recession indicators.
Source: YAHOO