US market this week: company reports, US inflation data

7 March 2022 07.03.2022
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US market this week: company reports, US inflation data

Report timetable

The S&P 500, Nasdaq Composite and Dow Jones indices ended Friday's trading down -0.79%, -1.66% and -0.53%. The Consumer Discretionary Sector, Financials Sector and Information Technology Sector were the worst performers.

The stock market endured another tough week amid fears of the aftermath of the war in Ukraine and a global electricity market probe threatened by a ban on oil imports from Russia to the US and Europe.

The S&P 500 lost 1.27% and -9.2% in total since the beginning of 2022, the Dow Jones dropped 1.3% and 7.5% respectively and the Nasdaq Composite lost 2.8% and 14.5% respectively.

Monday

On Monday, Ginkgo Bioworks, Alpha Metallurgical Resources, Clear Secure, SomaLogic, IDT Corporation, Bird Global, Clarus Corporation, Intrepid Potash and others will report.

Also, the Federal Reserve releases consumer credit data for January.

Tuesday

Reports are expected from Dick's Sporting Goods, Caseys General Stores, Petco Health and Wellness Company, Core and Main, ABM Industries, John Wiley and Sons, Bumble, FIGS, Weis Markets and others.

The National Federation of Independent Business (NFIB) publishes its Small Business Optimism Index for February (sentiment survey report).

Wednesday

Reports from CrowdStrike Holdings, Exelon, Campbell Soup, Thor Industries, Korn Ferry, Diversey Holdings, United Natural Foods, Kraton Corp, Cue Health and others.

Also, the Bureau of Labour Statistics records an overview of vacancies and turnover.

Thursday

Reports are expected from Oracle Crop., DocuSign, Ulta Beauty, HashiCorp, National Beverage, LegalZoom, Latham Group, MeridianLink, Amphastar Pharmaceuticals and others.

Larry Culp, CEO of GE, will announce the outlook for 2022 and development plans for the industrial conglomerate.

The US Bureau of Labor Statistics (BLS) will report the Consumer Price Index (CPI) for February.

Friday

Reports from WeWork, Buckle, One Liberty Properties, Value Line, PharmaCyte Biotech, ReShape Lifesciences, Blonder Tongue Laboratories, The Real Good Food Company and others.

Also, AT&T will hold an "Investor Day" to close on the financial prospects of its telecoms business, which has become part of the upcoming WarnerMedia spin-off.

The University of Michigan Research publishes consumer sentiment for March. A value of 64 is expected, which is about one point higher than in February.

Full calendar list.

Section

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