Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap

Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet's results are set to release on Tuesday. Microsoft and Meta Platforms post their reports on Wednesday. Results from Amazon and Apple come out Thursday.

head of equity strategy Nicole Inui upped her S & P 500 year-end target to 5,900. She cited a Goldilocks outcome that's "rightly" getting priced into markets given strong economic growth, easing inflation, as well as a broadening of the rally from mega-cap tech. "The pieces are falling into place for a bull case scenario," Inui wrote. The releases next week could add confidence to that narrative. The October jobs report due out Friday is expected to show the U.S.

survey, as well as the consumer confidence data, due out at the start of the week. Week ahead calendar All times ET. Monday Oct. 28 10 a.m. Richmond Fed Index 10:30 a.m. Dallas Fed Index Earnings: Ford Motor , On Semiconductor Tuesday Oct. 29 8:30 a.m. Wholesale Inventories preliminary 9 a.m. Home Price Index 9 a.m. S & P/Case-Shiller comp.20 HPI 10 a.m. Consumer Confidence 10 a.m.

Job Openings Earnings: Visa , Chipotle Mexican Grill , First Solar , Caesars Entertainment , Advanced Micro Devices , McDonald's , Pfizer , Royal Caribbean Group , PayPal , D.R Horton , Alphabet Wednesday Oct. 30 8:15 a.m. ADP Employment Survey 8:30 a.m. GDP Chain Price first preliminary 8:30 a.m. GDP first preliminary 10 a.m. Pending Home Sales Index 10 a.m.

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Wells Fargo shares jump after earnings top Wall Street expectationsThe San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
स्रोत: NBCPhiladelphia - 🏆 569. / 51 और पढो »

Wall Street Extends Winning Streak on Earnings Optimism and Cooling InflationInvestors are buoyed by encouraging inflation data and positive earnings from major banks, extending Wall Street's winning streak to five weeks. JPMorgan Chase’s strong third-quarter results signal a healthy economy despite dipping consumer confidence.
स्रोत: NBCLA - 🏆 319. / 59 और पढो »

Nike stock pulls back as Wall Street has low expectations for Tuesday earningsThe market isn’t expecting much from Nike’s (NKE) August quarter when it reports after the close on Tuesday.
स्रोत: FXStreetNews - 🏆 14. / 72 और पढो »

GM raises 2024 earnings guidance after easily topping Wall Street's third-quarter expectationsGM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.
स्रोत: CNBC - 🏆 12. / 72 और पढो »

Wall Street poised for mixed open; corporate earnings, economic data in focusWall Street poised for mixed open; corporate earnings, economic data in focus
स्रोत: Investingcom - 🏆 450. / 53 और पढो »