S&P 500 Ends winning streak – Fomc Meeting lifts the week

Also Palantir, Disney and AMD under remarkable winning reports this week.

Last week the stocks stood for the second week in a row and the S&P 500 returned to where it was before the tariff was announced on April 2. Can the main indices achieve three weeks in a row of profits?

The two-week S&P 500 increase moved it higher for 9 days until Friday. This is the longest winning streak for the Large Cap Benchmark since 2004.

However, the series ended on Monday, since the S&P 500 decreased by 36 points or 0.5%, while the NASDAQ network fell by 133 points or 0.7%. The Dow Jones Industrial average was 88 points or 0.2%, while the Russell fell 2000 by 12 points or 0.6%.

Customs continues to dominate

However, the White House published an explanation after the first president Trump Social Media Post to say that according to the USA Today, no final decisions about foreign film tariffs were made.

FOMC meets on Tuesday and Wednesday

This week all eyes will be in the Federal Open Market Committee of the Federal Reserve (FOMC), which will meet on Tuesday and Wednesday.

While the labor market was solid and inflation has dropped, it is hardly expected for the FOMC to reduce interest rates at this meeting, as the uncertain economic environment and the tariff effects.

The most important measuring device for what the FOMC could do is the CME Fedwatch survey, the interest dealers for what you expect. From Monday afternoon, 97% of the retailers surveyed expect the FED to keep interest rates in the range of 4.25% to 4.50%.

In addition, the majority, 71%, can expect the same after the June meeting.

The FOMC on July 25th is the meeting that most aims at reducing interest rates. 56% require a 25-point cut and 18% that expect a reduction in 50 points.

Palantir leads a busy week for income

The winning season in the first quarter and one of the most expected companies report this week is Palantir technologies (Nasdaq: Ulftr). The top performance of last year, in which Large cap shares reported the profit on Monday after the market was closed.

Analysts expect a profit of 13 cents per share for Palantir, which has been a year of 64% and a ridiculous 435% ridiculous in the past 12 months.

Other remarkable shares that report this week are the hotel chain Marriott (Nasdaq: Mar) and chip maker Extended micro devices or AMD (Nasdaq: AMD) on Tuesday; Walt Disney (NYSE: DIS) and Sportwetting Site Flutter entertainment (Nasdaq: flood) on Wednesday; Crypto platform Coinbase global (Nasdaq: coin), Sportwetting site Draftkings (Nasdaq: DKNG) and FinTech Confirmations (Nasdaq: AFRM) on Thursday.