What to Expect in the Markets This Week | Global News Avenue

Markets are closed Thursday for the Thanksgiving holiday, and bond markets will be closed early for Black Friday, one of the most important holidays in the United States. biggest shopping day this year.

Ahead of that, investors will have key economic data due on Wednesday. Personal consumption expenditures (PCE) October inflation index. third quarter Gross Domestic Product (GDP) The minutes of the Federal Reserve’s November meeting will also attract investor interest. Consumer confidence and housing market data are also readily available.

Earlier this week, tech company Dell Technologies released an earnings report (Dell), CrowdStrike (Add, delete, modify and check), health (HPQ) and analog devices (adidas) will become one of the highlights of the company calendar.

Monday, November 25

• Agilent Technologies (one), Zoom Video Communication (ZM), and Bath & Body Works (BBWI) Report earnings

Tuesday, November 26

• S&P Case-Shiller House Price Index (September)
• Consumer Confidence (November)
• New Home Sales (October)
• Minutes of the November Federal Open Market Committee meeting
• Analog Devices (adidas), Dell Technologies (Dell), mass strike (Add, delete, modify and check), working days (working day), Autodesk (adipose stem cells), HP (HPQ), Best Buy (BBY), and Burlington Store (Festival) Report earnings

Wednesday, November 27

• Initial jobless claims (week ending November 23)
• Durable Goods Orders (October)
• Advanced Retail Inventory (October)
• Advanced Wholesale Inventory (October)
• Third quarter gross domestic product (first revision)
• Personal Consumption Expenditures (PCE) Inflation Index (October)
• Pending Home Sales (October)

Thursday, November 28

Friday, November 29

• Bond markets close at 2 p.m. ET
• Chicago Business Barometer (November)

PCE inflation data, Q3 GDP update, Fed meeting minutes will be highlights of Thanksgiving week

It’s a holiday-shortened trading week. Markets are closed Thursday for Thanksgiving, and bond markets will be closed at 2 p.m. Friday.

Investors will get an important update on inflation on Wednesday with the release of the personal consumption expenditures (PCE) price index for October. Reading will follow the September report, which shows Inflation close to Fed target 2%. However, other measurements suggest price pressure Could edge slightly higherFed officials said they would keep a close eye on inflation and consider lowering interest rates further.

Also on Wednesday, the first revision of the third quarter gross domestic product (GDP) will show whether there have been any adjustments to the initial estimate, indicating The economy grew by 2.8% month-on-month.

On Tuesday, the Federal Reserve will release the minutes of its November meeting Federal Open Market Committee (FOMC). The report will provide details of discussions committee members held during the Nov. 6-7 meeting, during which officials Vote to lower interest rates A quarter of a percentage point and could provide insights into the Fed’s next plans to cut interest rates.

Tuesday’s consumer confidence report will indicate the public’s reaction to the election of Donald Trump, with October surveys showing Biggest increase in three years. Several noteworthy housing reports will also be released on Tuesday, including the S&P Case-Shiller Home Price Index and new home sales data.

Earnings calendar features tech companies Dell, HP, CrowdStrike

Although during the holiday-shortened week, the results were less because Earnings season endsseveral noteworthy tech companies will reveal their numbers.

On Tuesday, computer maker Dell Technologies (Dell) will report quarterly earnings as analysts become more enthusiastic about the company Company Opportunities for long term Artificial Intelligence (AI) income. HP’s report of the day will also highlight Sales of AI-enabled PCs and serversand technology sales will be the focus of retailer Best Buy’s report.

CrowdStrike’s earnings announcement comes as the cybersecurity provider’s shares tumble Major service outages this summer.

Analog Devices is also set to report on Tuesday as the semiconductor maker looks to improve on its last quarterly report, which reported quarterly growth of 25% Year-over-year revenue declinebetter than analysts polled by Visible Alpha expected.

Lab supplies maker Agilent Technologies Inc. will report quarterly earnings on Monday, as will Zoom Video Communications. Profits and sales better than expected and set a customer retention record last quarter. Retailers Burlington Stores and Bath & Body Works also released reports this week.