Corporate earnings and economic data
This week will be packed with new corporate earnings data and key housing and consumer spending data.
However, on the New York Stock Exchange on Friday the Dow Jones fell 2.82% to a one-month low, the S&P 500 index was down 2.77% and the NasdaqComposite index fell 2.55%.
Corporate reports Monday
Companies to release reports are Coca-Cola, Activision Blizzard, SBA Communications, Alexandria Real Estate Equities, Ameriprise Financial, Otis Worldwide and many more.
Tuesday
Tuesday should see reports from: Microsoft, Alphabet, Visa, Pepsico, United Parcel Service (UPS), General Electric, Edwards Lifesciences, Waste Management, Sherwin-Williams, Mondelez, Chubb and many more.
Economic data:
Durable goods orders;
New home sales (SAAR);
S&P Case-Shiller U.S. home price index;
FHFA U.S. home price index;
Consumer confidence index.
Wednesday
Reports from: Meta Platforms, T-Mobile, Qualcomm, Amgen, American Tower, Boeing, PayPal, ServiceNow, Norfolk Southern, Equinix, General Dynamics, Ford Motor, O'Reilly Automotive and many more.
Economic data:
Advance report on international trade in goods;
Pending home sales index;
Home ownership rate (NSA).
Thursday
Companies such as Apple, Amazon, Mastercard, Eli Lilly, Thermo Fisher Scientific, Merck and Company, Comcast, Intel, McDonald's, Caterpillar, Southern Company, Keurig Dr Pepper, KLA Corporation, The Hershey Company and many more.
As for Thursday's economic data, it is expected:
Initial jobless claims;
Continuing jobless claims;
Real gross domestic product (SAAR) (first estimate);
Real final sales of domestic product (SAAR) (first estimate).
Friday
Friday will bring financial results from: ExxonMobil, Chevron, AbbVie, Bristol-Myers Squibb, Honeywell, Charter Communications, Colgate-Palmolive, L3Harris Technologies, Weyerhaeuser Company and many others.
Economic data on Friday:
Nominal personal income;
Nominal consumer spending;
Real disposable incomes;
Real consumer spending.
The full list of companies that will release reports this week.
