Will Meta Be Enough To Save The Market Tomorrow?

Evening Commentary

The stock market initially rallied but ultimately finished lower, despite Microsoft's strong performance. Although Microsoft contributed 17.7 points to the S&P 500, the index ended the day down 15.6 points or 38 basis points. The equal-weight S&P 500 RSP ETF also closed down by 1%, indicating a broader weakness in the market. Nevertheless, Microsoft's contribution helped to mitigate some of the overall market weakness.