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Weekly Market Update: January 27, 2025
01/27/25
Stocks Gain as Earnings Season Ramps
Broad equity indexes posted solid gains for the second consecutive week as fourth quarter earnings season continues to ramp. The S&P 500 gained 1.8%, the Nasdaq gained 1.6% and the Russell 2000 gained 1.4%. The upcoming week is one of the busiest of this earnings season, with mega caps Apple, Microsoft, Meta, and Tesla scheduled to report. Consensus currently expects 13% earnings growth for the fourth quarter, down slightly from the 15% expected before the reporting season began.
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This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. It is not meant as a substitute for such professional advice or services. Before making any decisions related to these matters, you should consult a qualified professional advisor. Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.