While the S&P 500 posted its first back-to-back weekly losses since June, the gauge erased Friday’s drop amid solid consumer sentiment and gains in most megacaps
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Moneycontrol24-01-2026, 07:31

S&P 500 Posts First Two-Week Loss Since June Amidst Volatility and Tech Earnings

  • The S&P 500 recorded its first consecutive weekly losses since June, concluding a volatile week.
  • Stock traders processed recent rallies in anticipation of the Federal Reserve's decision and the start of big-tech earnings season.
  • Nvidia Corp. rose 1.5% on China's H200 AI chip orders, while Intel Corp. dropped 17% due to a subdued outlook.
  • The Fed is expected to keep rates steady, with economists projecting reductions only in June and September, while the dollar had its worst week since May.
  • Geopolitical events, including President Trump's tariff threats and subsequent softening, influenced global markets, with investors advised to remain opportunistic.

Why It Matters: S&P 500 sees first two-week loss since June, driven by Fed anticipation, tech earnings, and geopolitical shifts.

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