Stock Market Outlook: Tech Earnings, GDP, Inflation, Jobs Report, and the Economy in 2024

The article discusses the outlook for the stock market, focusing on key economic indicators and events that could impact market performance in 2024. It highlights the importance of tech earnings, GDP growth, inflation rates, and the monthly jobs report in shaping investor sentiment and market trends. The article suggests that strong tech earnings, robust GDP growth, and moderating inflation could provide a tailwind for stocks, while disappointing economic data or persistent inflationary pressures could weigh on market performance. Additionally, the article emphasizes the significance of the monthly jobs report as a gauge of the labor market’s health and its potential influence on the Federal Reserve’s monetary policy decisions. Overall, the article underscores the interconnectedness of various economic factors and their collective impact on the stock market’s trajectory in the upcoming year.

Source: https://markets.businessinsider.com/news/stocks/stock-market-outlook-tech-earnings-gdp-inflation-jobs-report-economy-2024-10