Stocks face headwinds as investors look forward to a big earnings week, a Fed meeting and State....

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Simonson Harry

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Apr 21, 2020
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MARKET INSIDER
Stocks face headwinds as investors look forward to a big earnings week, a Fed meeting and state reopenings
PUBLISHED FRI, APR 24 20203:42 PM EDTUPDATED MOMENTS AGO

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A masked pedestrian carrying water bottles walks past the Charging Bull statue in lower Manhattan on April 02, 2020 in New York City.
Bruce Bennett | Getty Images


The stock market is struggling to make headway, as a big week of events rolls around, including a Federal Reserve meeting, the first look at post-shutdown economic growth and earnings from more than a fifth of the S&P 500 companies.

It’s a busy week for earnings, and some of the biggest blue chips are likely to join the growing list of companies withdrawing guidance amid the uncertainty of how the coronavirus and shutdowns are impacting their business. Apple, Microsoft, Amazon, Facebook, Boeing and McDonald’s are among about 140 S&P 500 companies reporting first quarter results.

Source:https://www.cnbc.com/2020/04/24/sto...-week-a-fed-meeting-and-state-reopenings.html
 
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