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Market Snapshot: Stock market looks to Apple, Google earnings for jolt

MarketWatch illustration/Shutterstock

Investors are hoping Apple and Alphabet earnings will be good enough to rock the house.

The stock market may finally get the excitement that’s been lacking in the coming week, with the two most valuable companies in the U.S.—Apple Inc. and Alphabet Inc.—slated to report quarterly results.

The tech giants’ earnings come at a time when the market has been gripped by ennui as investors are hesitant to buy into equities despite better-than-expected earnings as political and rate-policy uncertainties dampen appetite for risk.

“Investors remain leery, in part to election jitters, Brexit concerns, [the] Fed and other central banks” and are awaiting fresh incentives in a market that is getting ‘boring,’ said Tom Lee, managing partner at Fundstrat Global Advisors, in a note.

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