SPY News: Fed's favorite inflation gauge and Big Tech earnings greet a slumping stock market: What to know thi - 21st Apr 2024, 9:42pm

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The market rally is at its most fragile point in months.

The S&P 500 (^GSPC) ended Friday below 5,000, its first close below that mark since late February. Meanwhile, the Nasdaq Composite (^IXIC) dropped more than 5% on the week while the Dow held flat.

This week, critical readings on economic growth and inflation, as well as the start of Big Tech earnings, will determine if the malaise continues.

On the economic data side, the advanced reading of first quarter economic growth is slated for T...

>>> Read more: Fed's favorite inflation gauge and Big Tech earnings greet a slumping stock market: What to know this week
 
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