Wall St falls as Microsoft forecast hits tech stocks, earnings disappoint By Reuters

⚠️BREAKING: *WALL ST OPENS LOWER AS WEAK EARNINGS UPDATES DENT SENTIMENT - $DIA $SPY $QQQ $IWM 🇺🇸🇺🇸

Growth stocks, however, have enjoyed a bounce in January after a battering last year, with investors now focused on earnings reports to assess the impact of the Federal Reserve's rate hikes and to gauge whether the renewed enthusiasm for these stocks will be sustained.

"We still have inflation, we still have the Fed raising interest rates, we're seeing companies laying off thousands of peoples ... We're not completely through the cycle yet."

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