Market Turmoil: Dow Jones and S&P 500 Brace for Further Declines

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Source: Investor's Business Daily
Market Turmoil: Dow Jones and S&P 500 Brace for Further Declines
Photo: Investor's Business Daily
TL;DR Summary

The stock market correction continued last week, with major indexes falling to multimonth lows. However, there are four big-cap tech stocks worth watching as they are close to buy points: Amazon, Meta Platforms, Microsoft, and ServiceNow. These stocks have already released their earnings and have shown multiple quarters of accelerating growth. Additionally, investors should be cautious and hold cash, as the market needs several days of strong performance to signal the end of the downturn. The Federal Reserve will meet this week, and the October jobs report will be released on Friday.

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