Fed Hikes Rates. Stocks Hang Tough. More Earnings, Jobs Data on Tap!

In the MoneyShow Market Wrap for the week ended July 28, 2023, Editor-in-Chief Mike Larson explains how the Federal Reserve hiked interest rates to a 22-year high, but the stock market hung in tough anyway. Roughly half of S&P 500 companies have now reported earnings, with 80% beating estimates, a bit better than average. Another 170 report next week. Plus, the Labor Department releases its all-important employment data for July.

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