Stocks Rebound as Investors Look Ahead to Fed, Apple Earnings After Recent Sell-Off
-
US stocks rose Monday after a bruising sell-off as investors looked ahead to big events like the Fed policy decision and Apple earnings.
-
The S&P 500 climbed 0.7% after entering correction territory Friday, while the Dow jumped 0.8% or over 250 points.
-
Eyes are on the Fed and Apple this week to lift spirits after a tough few months for stocks. The October jobs report is also closely watched.
-
Apple reports earnings Thursday; impact from iPhone constraints in China is a focus. McDonald's earnings may show resilience of US consumers.
-
Oil prices fell as Israel's measured strikes in Gaza eased supply concerns. Stocks pointed higher in premarket after S&P 500 entered correction last week.