What To Expect in the Markets This Week
Main points
- Markets were closed Monday for the Martin Luther King Jr. Day federal holiday.
- Donald Trump will be inaugurated as President of the United States on Monday.
- Netflix, American Express, United Airlines and Verizon are expected to report earnings.
- Data on consumer confidence, initial jobless claims and existing home sales data are also readily available.
The market is closed on Monday Martin Luther King Day Federal holidays. Donald Trump will be inaugurated as President of the United States on the same day.
Investors are paying attention to companies earnings reportand Netflix (NFLX), United Airlines (University of London College of Art), Johnson & Johnson (Johnson & Johnson), American Express (AXP) and Verizon Communications (Wiz) is one of the companies expected to release quarterly financial updates this week.
The economist will be given the following data consumer sentiment, existing home salesand the number of first-time jobless claims. Fed officials to be barred from public comments as part of lockdown period next week’s meeting.
Monday, January 20
- market, federal government Closed on Martin Luther King Day
- President Donald Trump’s inauguration
Tuesday, January 21st
- Netflix, 3M(MMM), Charles Schwab (SW), Capital One (COF), United Airlines, Dr. Horton (rectal cancer), Fifth Third Bank (FITB), and Interactive Brokers Group (IBKR) Expected to report earnings
Wednesday, January 22
- U.S. Leading Economic Indicators (December)
- Procter & Gamble (PG), Johnson & Johnson, Abbott Laboratories (ABT), General Electric Vernova (GEV), Travelers Company (TRV), and Discover Financial Services (Depth FS) Expected to report earnings
Thursday, January 23
- Initial jobless claims (week ending January 18)
- General Electric Aerospace (GEGeneral Electric), Texas Instruments (TxN), union pacific (united nations program), health level (in principle), and CSX (CSX) Expected to report earnings
Friday, January 24
- Existing Home Sales (December)
- Consumer Confidence (January)
- S&P US PMI Preview (January)
- American Express, Verizon Communications, Inc., next generation energy (NEE), and HCA Healthcare (HCA) Expected to report earnings
Donald Trump inauguration and King holidays highlight economic calendar
Monday is a holiday for investors as stock and bond markets, as well as banks and the federal government, will be closed for the Martin Luther King Jr. Day holiday.
Monday’s schedule remains noteworthy donald trump inauguration As President of the United States. Trump said he would implement a number of policies on his first day in office, including Potential tariff and immigration changes This may affect Business and investor sentiment.
There will be few major economic data releases this week, although Fed officials are likely to focus on January consumer sentiment data on Friday, including closely watched inflation expectations. Other economic data this week includes initial jobless claims on Thursday and existing home sales on Friday. Fed officials will be under a gag period that prevents them from making public comments before next week’s meeting.
Technology, health, financial stocks lead earnings this week
Netflix is ​​leading the way in earnings reports this week, with the company expected to release its quarterly financial report on Tuesday. Streamer projection Full-year revenue grew 15%.
Many banks already have Published better-than-expected earnings reportMore financial companies are set to release quarterly financial data this week, including Capital One and Fifth Third Bank on Tuesday and Discovery Financial on Wednesday. American Express The credit card issuer is expected to release its fourth-quarter report on Friday. Raise full-year profit forecast in its previous report.
Investors look to 3M for rebound on Tuesday Two of the three departments Sales fell last quarter. Following rival Delta Air Lines Posts strong earnings Earlier this month, United Airlines was set to announce its plans on Tuesday Earnings outlook for this quarter Better than analysts expected.
Consumer goods maker Procter & Gamble is expected to report earnings on Wednesday. The company’s sales for the previous quarter Lower than estimated. Wednesday’s Traveler report comes as some Insurance company share prices fall amid concerns about damage from wildfires in California.
Earnings reports Thursday from rail carriers Union Pacific and CSX are expected to provide insight into the strength of the transportation and shipping industry. A report from GE Aerospace, also scheduled for release that day, will show whether it Commercial Engines and Services Division could return to expectations, with GE Vernova expected to report on Wednesday Analysts optimistic about its gas turbines.
On Friday, Verizon Communications will demonstrate continued growth in its business Wireless Telephone and Internet User Group.