Stocks Hit New Highs Ahead of Big Tech Earnings and Fed Decision; Manufacturing and Treasuries Also in Focus
• Stocks hit records as investors await big tech earnings from Apple, Microsoft, Amazon, Alphabet; Fed decision on interest rates also awaited • Treasury to borrow less debt than expected, signaling confidence in bond market and pushing yields lower • Manufacturing activity in Texas contracted in January, but outlook for next 6 months improves • Financial sector stocks outperforming broader market so far this year • Traders ready for busy week of corporate earnings, Fed decision, and Treasury debt supply updates