SPY News: Why the stock market is having 'digestion problems' this earnings season - 22nd Apr 2024, 6:00pm

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Earnings season hasn't been able to keep the stock market rally afloat over the past week.

After an aggressive rally to all-time highs to start the year, the S&P 500 (^GSPC) has tumbled in April as rising bond yields and slimmed expectations for Federal Reserve interest rate cuts have put a damper on investors' enthusiasm.

And given the significant rise in share price of some of the market rally's darlings, even strong earnings aren't moving the needle for stocks.

"The broader market is havin...

>>> Read more: Why the stock market is having 'digestion problems' this earnings season
 
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