News Snapshot:
The Nasdaq Composite dropped 0.6 per cent and the S & P 500 eased 0.1 per cent, although the Dow Jones Industrial Average rose 0.3 per cent. On Friday, the local benchmark slipped 0.2 per cent, yet it ended the week 0.2 per cent higher amid a flurry of corporate earnings. A total of 64 major companies are due to report in the week ahead. Economists expect earnings to gain 2 per cent over 2022-23, down from 22.4 per cent last financial year. Investors will take a close look at how hard consumer spending is getting hit amid high borrowing...