Corporate earnings season is beginning next week. Investors hope strong results will support high valuations in the U.S. stock market, which is near record highs. The S&P 500 has risen 20% year-to-date. Key earnings reports from major financial firms and U.S. consumer price data next week will be crucial for the market’s direction.
Sensex, Nifty break 5-day losing streak
The Volatility Index or VIX – the market’s fear gauge – plunged 10.3% to 13.52 on Monday, suggesting traders see lesser risks in the near