Reported 30 days ago
US stocks saw a significant rise on Monday as investors await crucial earnings reports from major tech companies like Amazon, Microsoft, Alphabet, and Apple, along with key economic data including Q3 GDP and the October jobs report. More than 90 S&P 500 firms are expected to disclose their earnings this week, with positive trends observed so far, as 78% have beaten profit estimates. Economic indicators are anticipated, including a projected GDP growth of around 3.2% and a potential decline in the PCE Index inflation reading.
Source: YAHOO