Today's newsletter brings you the latest market movements and key earnings updates as we navigate through a pivotal earnings season.

Market Snapshot

  • S&P 500: ▼ 0.2%

  • Dow Jones: ▼ 0.8% (−300 points)

  • Nasdaq Composite: ▲ 0.2%

  • 10-Year Treasury Yield: 4.18% (Highest since July)

Earnings Season Update Strong start to the season with 80% of reporting S&P 500 companies exceeding expectations.

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Key Companies Reporting This Week

  1. Tesla (TSLA) - Wednesday

    • Focus on robotaxi program updates

    • EV market competition concerns

  2. Boeing (BA) - Wednesday

    • Earnings release

    • Critical worker vote on strike resolution

    • Stock up 3% despite uncertainties

  3. Other Notable Reports

    • General Motors (GM) - Tuesday

    • Coca-Cola (KO)

    • American Airlines (AAL)

    • UPS (UPS)

Market Highlights

Tech Sector Strength

  • Nvidia (NVDA): ▲ 4% (New high: $143.71)

  • Apple (AAPL): Record close near $236 (YTD: ▲ 22%)

  • Netflix (NFLX): All-time high of $773

Interest Rate Impact

  • Rising 10-year Treasury yields affecting real estate and utilities sectors

  • Potential implications for borrowing costs and consumer spending

Looking Ahead

  • Heightened market sensitivity to earnings reports

  • Tech sector performance remains crucial

  • Interest rate movements warrant close monitoring

Trading Insight Companies beating expectations are seeing above-average stock price rewards, highlighting the importance of strong quarterly performance in the current market environment.

Stay tuned for our daily updates as we continue through this significant earnings season.

Best regards,

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