
Stocks Keep Hitting Record Highs â Tomorrowâs Fed Decision and Big Tech Earnings Are Crucial in Keeping Them There
âĒBy ADMIN
U.S. equity markets are streaking: the S&P 500 recently neared the 6,900 mark as riskâon momentum carried major indexes to fresh highs.
The spotlight now turns to two major catalysts: the Federal Reserve is widely expected to cut interest rates by 25âbasis points in its upcoming decision, but market watchers are scanning the tone of its postâmeeting commentary closely for clues on balanceâsheet tapering and future policy shifts.
At the same time, earnings from tech giants â including AAPL (Apple), MSFT (Microsoft), GOOGL (Alphabet) and META (Meta) â are due soon and will be closely watched for evidence that the âAIâspending boomâ is translating into real returns.
Though the gains this year are significant â tech up ~30âŊ% and the S&P up ~17âŊ% through this week â strategists caution that much of the good news may already be priced in. A misstep in either Fed messaging or a tech earnings miss could rattle the rally.
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