Nvidia will report earnings in late May, an event that is likely more crucial to the overall market than the coming week's crush of results and economic data.
The S&P 500’s descent below the 5,000 mark marks a two-month low, bringing the index’s worst monthly performance since December 2022 into sharp focus. After closing in the red for the last six sessions, the index — tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — is currently facing its worst losing streak since September 2022. Furthermore, prices have slipped below the 50-day moving average, a bearish signal that may foretell further downturns. As the market closed last Friday, the S&P 500’s
With the stock market rally at its most fragile stage in months, big tech earnings, a reading on economic growth and a fresh inflation print are set to greet investors in the week ahead.