-Stocks rose as a solid earnings season propped up the market despite bets the Federal Reserve will keep interest rates higher for longer. - After pulling back for the most part in April, equities staged a rebound toward the end of the month. Early results from the reporting season suggest that over 80% of US companies are beating expectations. - Following strong results from its “Magnificent Seven” counterparts, Amazon.com Inc. is seen joining the pack this week with a jump in sales. Apple Inc. had a tougher time, with revenue and profit expected to be lower as iPhone sales slid. - Investors are faced with a call on whether the weakness in stocks seen earlier this month was only a blip or if delayed policy easing will pull the market back down again. - The strategist noted that although the share of companies beating analysts’ profit estimates was “strong,” the reaction in share prices was still muted as valuations were inflated following a record-breaking rally this year.
#MarketSentimentToday #TAOSHI #JBVIP🎯 #Fed #fomc
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