Follow @jeffsuntrading Headlines that reinforced a slower growth environment were persistent last week but it traded through the growth worries to record a winning week as the Nasdaq Composite close the week with gains of +3.3% and +2.5%, respectively, while the Russell 2000, and Dow Jones Industrial Average gained +3.6%, and +2.0%. The stock market behaved as if the bad economic news and more challenging earnings environment heard throughout the week was not a surprise. This week will be the busiest week of summer in the US with the Fed decision, Q2 GDP growth rate, and earnings reports for more than a third of S&P 500 companies including Apple, Microsoft, Google, Facebook and Amazon taking center stage. Here’s what you need to know to start your week.
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