Earnings will be the main event this week, as Wall Street looks to add to recent record-setting gains. Nearly 40 S & P 500 companies are scheduled to post third-quarter results this week. Among those are Goldman Sachs and Morgan Stanley — along with streaming giant Netflix . Check out our latest Earnings Playbook for more on the names reporting this week. The earnings period got off to a solid start.
Meanwhile, Fastenal 's report indicated that "easing rate pressure, combined with moderating headwinds from de-stocking, should translate into a pickup in manufacturing activity as we move into 2025." To be sure, RBC Capital Markets' Lori Calvasina thinks Big Tech will be key to a strong reporting period.
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