Stocks Slump Ahead of Earnings That Could Revive Rally
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Stocks have tumbled this week despite a strong rally earlier in the year, fueled by resilient corporate earnings and economic growth.
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Upcoming Q1 earnings reports, starting next week, could revive the stock market rally if profits continue rising.
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Key reports from Delta, Citi, BlackRock, JPMorgan Chase, and Wells Fargo may provide insights into continued consumer strength.
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Jobs data out Friday could also give a glimpse into the health of the economy and impact market sentiment.
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Disney is cracking down on password sharing for Disney+ in an effort to boost subscriptions and push the streaming service toward profitability.