Market 04/22: More than 1/3 S&P 500 companies report earnings this week

Last week, S&P 500 dropped sharply -3%, the largest in over 1 year and closed below 5,000.

Sector Technology recorded the strongest decline (-7.3%).

However, excluding the group of 5 Big Tech stocks expected to increase -64.3% Q1 (Nvidia, Amazon, Meta, Google, Microsoft), S&P 500 is expected to decline -6%.