Ivan Feinseth, chief investment officer of Tigress Financial Partners, said the cadence of Q4 earnings is “failing to provide market support, at least in the near term, even as companies like Microsoft report record earnings.” Microsoft’s revenue rose 20 percent year over year last quarter, the tech giant reported after the market close Tuesday, but shares initially dropped in trading but turned positive after the company released a better-than-expected sales forecast. A pandemic-trading favorite, Microsoft’s net income rose 21 percent to more than $18.7 billion in the fourth quarter.
U.S. stocks climb as investors wait on Fed decision – The Washington Post
