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    Posted 10/31/2023, 6:15:20 PM

    Stocks Edge Up as Investors Await Key Earnings, Data and Fed Decision This Week

    • Stock market edged higher Tuesday as investors await Fed decision, Apple earnings, and October jobs data. Home prices and consumer confidence rose more than expected.

    • Apple stock dipped as analysts cut revenue forecasts, citing soft iPhone and Mac demand. Earnings report due Thursday.

    • Key events this week Fed decision on interest rates Wednesday, Apple earnings Thursday, October jobs report Friday.

    • Verve Therapeutics soared 25% on expanded Lilly licensing deal. Pinterest spiked 18% after strong earnings.

    • Caterpillar sank 6% despite beating earnings estimates. Cited lower order backlog and flat revenue outlook.

    investors.com
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