Stocks Edge Up as Investors Await Key Earnings, Data and Fed Decision This Week
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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.
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Apple stock dipped as analysts cut revenue forecasts, citing soft iPhone and Mac demand. Earnings report due Thursday.
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Key events this week Fed decision on interest rates Wednesday, Apple earnings Thursday, October jobs report Friday.
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Verve Therapeutics soared 25% on expanded Lilly licensing deal. Pinterest spiked 18% after strong earnings.
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Caterpillar sank 6% despite beating earnings estimates. Cited lower order backlog and flat revenue outlook.
