Tag: Ratehike

Markets Rally, Earnings Better Than Expected – Weekly Update

August 1, 2022 | By Steven DiGregorio

Stocks Rally on Earnings It was an inauspicious start to the week after a big-box retailer missed earnings and reduced forward guidance on Tuesday, sparking a broad market retreat. But sentiment improved following mega-cap technology company earnings that proved better than expected. Enthusiasm gathered steam in the wake of the Fed’s 0.75% rate hike, boosted […] READ MORE