It was mostly a week for stocks, particularly a rebound in the tech-heavy Nasdaq Composite Index, as companies topped expectations on second-quarter earnings.
The coming week brings a heavy dose of tech-company earnings, the Federal Reserve’s meeting on Tuesday and Wednesday, and the first reading on second-quarter GDP on Thursday.
Fed officials are expected to raise the fed funds rate by 0.75 percentage point on Wednesday, bringing it to a range of 2.25%-2.5%. But what comes after that? Here’s all you need to know:
And a word of caution on inflation: The Fed’s rate hikes alone won’t cure inflation
What’s the outlook for the stock market after a big rally?
The S&P 500 SPX,
Still, some argue that key benchmarks have already hit bottom. Here’s what pros have to say about that.
Regardless of what you think, develop your plan now for how you’ll decide when it’s time to get back into stocks.
Then there’s this: A strong dollar is stirring trouble in markets: What investors need to know
What we’ve learned from this week’s earnings
Start with signs that supply-chain woes are easing. But the dollar is a headwind, and those dismal Snap earnings offer a broader warning for tech investors. Get the full story here.
More: As Snap SNAP,
Why investors should be more worried about cloud spending
The cloud boom is coming back to earth, and that could be scary for tech stocks.
Spending on public cloud services is expected to pull back after spiking in the first two years of the COVID-19 pandemic. Companies looking to cut costs could slice into that growth even more and cause a domino effect on tech companies and stocks.
How Amazon’s $3.9 billion wager on primary care could change your Prime membership
A boon for the ultrawealthy
The IRS just made it easier for families to pass on millions of dollars to their children and others.
Plus: How do I ensure my husband of 26 years never gets his hands on my inheritance of several million dollars? The Moneyist weighs in.
How to pull off your retirement plan
Thinking of retiring early? The ‘Financial Samurai’ tells you how to jumpstart your FIRE life by negotiating a fat payoff.
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Can an effort to revamp anti-redlining lending laws survive the D.C. swamp?
The first major overhaul of the Community Reinvestment Act since 1995 wins praise, but some advocates say it falls short on closing the racial lending gap.
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‘Stray’ — the videogame where you play as a cat — is breaking the internet
The new cyberpunk cat game is even transfixing real-life cats.