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Next Week's Macro Outlook: FOMC Entered Collective Blackout Period, US Stock Earnings Season Welcomes Key Highlights
Wall Street began to waver this week, re-evaluating the seemingly unshakable resilience of the US economy. A broad sell-off hit tech stocks on Friday, capping off the market's weak performance for the week. The Nasdaq Composite Index fell 4.5% this week, marking its worst weekly performance since June; the S&P 500 Index dropped 1.1% on Friday, posting a cumulative weekly decline of 1.9%.
Source: PANewsRead original