The market will get more clarity as the sector breadth of earnings reports expands beginning Tuesday. About 70 companies on the S&P 500 are scheduled to report, and eight Dow industrials components release results in the week ahead. The focus will shift from financials to a broader basket of healthcare, tech, industrials, and consumer-driven stocks.
Investors are getting mixed signals, where the economy seems to be picking up and production numbers have been good, but at the same time retail and unemployment figures have been less encouraging, Nolte said. Also, January consumer sentiment declined.
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Investors are getting mixed signals, where the economy seems to be picking up and production numbers have been good, but at the same time retail and unemployment figures have been less encouraging, Nolte said. Also, January consumer sentiment declined.
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