
Dip buyers were back with a vengeance this week with S&P 500 ($SPX) (SPY) closing the week up almost 6%. Tesla (TSLA) and Nvidia (NVDA) also had fantastic weeks closing up 6% and 11% respectively. Outside of the Fed, perhaps the biggest news last week was the Apple (AAPL) earnings report. While they reported a top and bottom line beat, shares traded lower on Friday on another slowdown in sales. Apple being one of the largest component pieces of the S&P led to a lot of speculation about what it could mean in the long term.
This week looks to be a little less eventful than last week, but there are still plenty of things to go and watch out for. We have more earnings on deck, Powell talking again, Rising tensions in the Middle East, and plenty of other news. Here are five things to watch in the market this week.