Stocks on Wall Street plunged on Friday, with the suffering its worst one-day loss since October 2020 amid mounting fears over the Federal Reserve’s plans to
aggressively raise interest rates
.
The coming week is expected to be another busy one amid more earnings from notable tech companies like Apple (NASDAQ:), Microsoft (NASDAQ:), Amazon (NASDAQ:), Google-parent Alphabet (NASDAQ:), Facebook-parent Meta Platforms (NASDAQ:), Twitter (NYSE:), Intel (NASDAQ:), Qualcomm (NASDAQ:), Spotify (NYSE:), Pinterest (NYSE:), and Robinhood (NASDAQ:).
The earnings agenda also consists of other high-profile companies, such as Exxon Mobil (NYSE:), Chevron (NYSE:), McDonald’s (NYSE:), Boeing (NYSE:), Caterpillar (NYSE:), Ford Motor (NYSE:), General Motors (NYSE:), United Parcel Service (NYSE:), Coca-Cola (NYSE:), Visa (NYSE:), Mastercard (NYSE:), and General Electric (NYSE:).
Add to that key economic data on the agenda, including the latest report on (PCE)…