VOO, QQQ and DIA face three key catalysts as earnings season and the Fed decision converge
VOO, QQQ and DIA are set to be driven this week by a heavy earnings slate from the “Magnificent 7” and other large companies including Visa and Coca-Cola, with average profit growth running at 37.8%, according to FactSet data. The ETFs are also in focus ahead of the Federal Reserve’s interest-rate decision on Wednesday, where markets broadly expect rates to be held at 3.50%-3.75%, even as the probability of a hike this year remains 65%. A third factor is a temporary easing in the U.S.-Iran conflict, which is influencing broader risk appetite. Together, these catalysts are shaping near-term trading in the index-linked funds.