Stocks closed the week slightly higher after Monday’s sell-off prompted by concerns over China’s DeepSeekopen-source API. In fact, the tech-heavy NASDAQ index was on pace to be the best-performing index. Some of that is because some of the most-watched technology stocks reported earnings, and the outlook remains strong.
Investors also seem content to shrug off the latest inflation news. January’s Personal Consumption Expenditure (PCE) index reading shows inflation running around 2.6%. That was in line with estimates but shows that the likelihood of rate cuts is slim.
Next week will be one of the busiest weeks for earnings. And like many of you, the MarketBeat team will be keeping an eye on reports from potential market movers like Eli Lilly & Co. (NYSE: LLY) and Palantir Technologies Inc. (NASDAQ: PLTR). Investors will also get a read of January’s manufacturing data, which will provide further clues about the direction of inflation. Before all of that happens, however, here are some of our most popular articles from this week.
