To The Moon

A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.The S&P 500 information technology sector , which accounts for nearly 29% of the broader index’s weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as Microsoft and Nvidia , both off roughly 9%. The overall S&P 500 has fallen 2.7%.Tech bulls hope a s

The Dow closed lower with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.The Nasda

* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT,

* Financials, energy among top gaining sectors; tech falls* Meta Platforms shares rise* Monthly U.S.

* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market "very tight"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) -

Investors can expect a busy first week of 2022, laden with key economic releases out of Washington t