Fairness markets continued their uneven climb upward this yr with the tech-heavy Nasdaq and the S&P 500, which has a hefty know-how element, leaping 1.8% and 1.1%, respectively, at the same time as fourth quarter earnings continued to tilt adverse and a rising variety of corporations introduced layoffs in anticipation of an financial contraction. For the reason that begin of the yr, Amazon, Microsoft, Salesforce and extra lately IBM have introduced job cuts.
