[7/29/24]The Fed meets, a jobs report is ahead, along with earnings reports from Microsoft, Apple, Meta and Amazon. Buckle up, investors. The week ahead may offer a bumpy ride. The week has more than enough of everything: a Federal Reserve meeting, the June jobs report and more than 1,000 earnings reports from companies giant, huge, big and small. The schedule comes after a volatile week:
  • The S&P 500 fell 0.8%. The Nasdaq Composite fell 2.1%, with the Nasdaq-100 index down 2.6%. Yet, the Dow had a small gain, and the small-cap Russell jumped 3.5% as investors pushed money to non-tech investments.
  • The major averages are no longer overbought but, rather, oversold. A key indicator...
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