Two thirds S&P 500 companies reporting they missed Wall Street estimates for earnings per share and sales have seen an average 1 day decline of 7.4%.
Trump expected to sign executive order that aims to allow private equity, real estate, cryptocurrency and other alternative assets in 401(k) accounts.
The equity markets may be poised for another leg higher, and one potential catalyst isn’t coming from earnings or macro data.
Markets are increasingly pricing in the chances of the Federal Reserve cutting interest rates at its next meeting in September.