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Apple and Amazon earnings loom as options traders eye market direction
The next bout of company results is set to be released after the bell, with options positioning expected to reflect whether stocks can stabilize after a rough week.
CNBC Markets says Apple and Amazon are scheduled to report earnings after the close, with the moves likely to influence how investors view whether the stock market can end the week on firmer footing.
According to the outlet, options trading heading into the results will be watched closely for signals on how traders expect the market to react amid what it describes as a rough week so far.
CNBC World frames the timing as a key near-term catalyst, with the afternoon earnings window for both companies set to determine sentiment going into the next trading session.