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It’s getting choppy. The heavy weighting afforded the megacap tech stocks meant the reception given to their third-quarter earnings was very likely to determine the stock market’s short-term direction.
And so, poorly-received reports from Meta
META and Microsoft MSFT saw the wider market retreat sharply on Thursday, while positivity over Amazon.com AMZN and Apple AAPL results are pushing indices back up on Friday.
This post was originally published on Market Watch
