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The Youtube channel Bloomberg Television has published today a new video called Bit of a Bounce Back Today | Daily Stock Market Wrap 4/22. You want to discover this video and watch it in streaming, you are lucky we put it aside for you!
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For your information, you can find below the description of the video Bit of a Bounce Back Today | Daily Stock Market Wrap 4/22 published by the Youtube channel Bloomberg Television:
Stocks rebounded after a $2 trillion selloff, with investors hanging their hopes on whether big tech will meet the lofty expectations for artificial intelligence during the busiest week of the earnings season. About 180 companies in the S&P 500 — representing over 40% of the gauge’s market capitalization — are due to report their results this week. Stakes are high for the “Magnificent Seven” megacaps, whose profits are forecast to rise nearly 40% from a year ago, according to Bloomberg Intelligence. The focus on earnings comes after a rout fueled by geopolitical fears and signals the Federal Reserve will be in no rush to cut rates.
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