Stocks rallied sharply this week, with the S&P 500 index hitting a new all-time high. One reason for the bullish sentiment was clarity about the Trump administration's initial tariff proposals, which are not as harsh as those floated prior to Trump’s inauguration.
Investors are also cheering the pushback on regulations and the new president’s push for lower interest rates. However, lower rates may have to wait. The Federal Reserve meeting is next week, and analysts are putting the likelihood of a rate cut at nearly 0%.
Next week will be one of the busiest weeks for earnings across all sectors. However, investors will get reports from closely watched technology stocks such as Meta Platforms Inc. (NASDAQ: META) and Apple Inc. (NASDAQ: AAPL).
