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Stocks

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A tug-of-war with no clear winner—that’s what the stock market seemed to be playing this week. With a Fed meeting, key economic data, and more earnings on top, will a winner emerge next week? It was an interesting week in the stock market. Economic data shows that growth is slowing, while inflation isn’t showing signs of slowing down. This possible “stagflation” scenario paves a path towards more uncertainty, especially when it comes to interest rates. And with next week’s Fed meeting, investors are becoming even more cautious about making any trading or investing decisions. Looking back at last week, we can see how Tesla (TSLA) bounced higher after it missed earnings. Meta Platforms (META) beat earnings estimates, but its stock price gapped lower on weak Q2 guidance. That was a concern, since META has been enjoying a bullish rally since the end of 2022. It remains to be seen if…