Apple earnings, Fed decision and jobs data top Wall Street week ahead

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Investors are preparing for another busy week of earnings, including McDonald's and Apple, as well as ADP's private employer jobs report and the government's jobs data for October.

Investors are gearing up for another busy week of earnings and economic data, including the jobs report for October. Meanwhile, on Wall Street, stocks ended mixed Friday leaving both the S&P 500 and the Nasdaq Composite in correction territory. As of Friday, the S&P 500 is now 10% from its most recent peak. Apple's Big Event Apple will host an online event to start the week, reportedly to unveil new Mac laptops and possibly talk about its chips.

Fed Decision The Federal Reserve is widely expected to keep interest rates unchanged with 98% of traders forecasting the Federal Funds rate will remain between 5.25-5.50, according to the CME's FedWatch Tool. Chair Jerome Powell will take questions at his press conference following the decision starting at 2:30 pm ET. In earnings news, CVS, Kraft Heinz and Estée Lauder will report before markets open on Wednesday, with Airbnb and PayPal reporting after the bell.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St Week Ahead Frazzled U.S. stock investors eye frothy Treasury market as Fed loomsFinancial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight Apple Inc (AAPL.O) possibly setting the course for stocks and bonds the rest of the year.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks like Rivian are a table-pounding buy ahead of earnings, analysts sayWall Street analysts highlighted a slate of stocks to buy ahead of earnings.
Source: CNBC - 🏆 12. / 72 Read more »