US Top News and Analysis | 'Mag 7' earnings, Fed meeting will test a stock market near all-time highs. Here's what's ahead

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The article notes that the S&P 500 and Nasdaq have both closed at fresh all‑time highs, with the S&P 500 up more than 8% and the Nasdaq over 13% in April, while the Dow has risen over 6% despite geopolitical tensions and AI‑related concerns; this rally is being driven largely by the “Magnificent Seven” mega‑caps, whose earnings reports next week—including Alphabet, Amazon, Meta, Microsoft and Apple—will test whether their revenue growth can justify lofty AI spending, with Microsoft viewed as a potential market catalyst; concurrently, the Federal Reserve’s meeting, likely Powell’s final before a new chair takes over, could further influence markets, though futures suggest little chance of a rate hike; analysts caution that seasonal headwinds and downside risks, such as higher oil prices or geopolitical shocks, mean investors may want to diversify away from concentrated positions despite the market’s strong performance.

Read more: https://www.cnbc.com/2026/04/24/stock-market-next-week-outlook-for-april-27-may-1-2026.html

#Alphabet #Amazon #Microsoft #JayWoods #TimCook #JohnTernus #JeromePowell #KevinWarsh #AlexShahidi

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US Top News and Analysis | These are the earnings reports NYSE insider Jay Woods is watching this week

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Jay Woods, chief market strategist for Freedom Capital Markets, said earnings season is the main catalyst for the market right now. He noted that bank stocks kicked off the season on a positive note, with the State Street SPDR S&P Bank ETF gaining more than 2% for a fifth straight week. This week his focus shifts to defense stocks, especially the three largest holdings of the iShares U.S. Aerospace & Defense ETF—GE, RTX and Boeing—while also keeping an eye on ServiceNow, which could see a relief rally after its earnings despite a 35% decline this year. UnitedHealth, down about 29% over the past year, is still trading above its 200‑day moving average; Woods highlighted key technical levels at $324, an upside target of $353.75, and downside support around $300 to $287. He added that traders should watch Pentagon news alongside company guidance.

Read more: https://www.cnbc.com/2026/04/20/these-are-the-earnings-reports-nyse-insider-jay-woods-is-watching-this-week.html

#JayWoods #NYSE #Boeing #Pentagon

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