Nasdaq ends lower ahead of big tech earnings, focus on Fed
Wed, Jan 31, 2024 8:51 AM

Nasdaq ends lower ahead of big tech earnings, focus on Fed

A Flip by Shubhangi Gupta
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Tech-heavy Nasdaq dips as market awaits corporate earnings and Fed meeting. S&P 500 closes slightly lower, Dow rises. Alphabet and Microsoft shares fall after earnings reports. Trepidation over strong earnings and caution about Fed's interest rate decision. Sectors like transportation, chips, and small caps underperform. Strong job openings report may delay expected Fed rate cuts.

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