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Market Snapshot: A conflicted stock market faces moment of truth as earnings loom

After being stuck in a state of suspended animation for the past few weeks, the stock market will finally have its moment of truth as corporate earnings begin rolling out over the next few days.

There will be a lot riding on this earnings cycle. It will be the first quarter since President Donald Trump took office, providing a look at whether the euphoria that propelled major stock indexes to historic levels was justified. It could also be the spark that rejuvenates the market as investors have become increasingly cautious amid signs that many of the pro-growth policies promised by the new president may be delayed.

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