The meme-stock party is already fizzling out. What that means for the rest of the market.



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It’s been a newsy 24 hours, with everything from the Fed to big tech to some wild trading in copper giving investors something to think about.

The rally that’s promised for Thursday — futures point to fresh records for the S&P 500

SPX and Nasdaq COMP — is being driven by heady results from Meta and Microsoft. There’s more big tech earnings to come, with Amazon and Apple lined up for later, and jobs data Friday.



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