S&P 500 heads into Fed meeting and earnings week after two straight weekly declines

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S&P 500 heads into Fed meeting and earnings week after two straight weekly declines
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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The S&P 500 has fallen for two straight weeks heading into a week that combines a Fed meeting, earnings from more than a third of its companies and Middle East tensions. MarketWatch frames the stretch as the stock market's biggest test in weeks.

The S&P 500 has fallen for two straight weeks, and the week brings several events at once. The Federal Reserve meets, more than a third of the S&P 500 reports earnings, and a bruised tech trade looks to rebound.

Middle East tensions add to the uncertainty, according to MarketWatch. The outlet says the week's market-moving events could give investors some answers about where stocks are headed.

Meanwhile, the Nasdaq Composite has shed more than 5% over that span.

Separately, the Russell 2000 snapped a six-week losing streak with a 2% gain.

Treasury yields have declined for three straight weeks, while oil prices have advanced for five weeks running.

Source: MarketWatch (snippet-based)

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