On Wall Street, market participants are in for a short but busy week ahead.
The markets will remain closed on Monday on the occasion of Martin Luther King Jr. Day.
like monday Donald Trump’s As the US Presidential Inauguration is scheduled, investors will be keeping a close eye on the new administration’s executive orders to be announced in the first few days.
Separate reports on S&P Flash PMI for current domestic sales, services and manufacturing sectors will be released in the economic calendar.
In the coming week, earnings reports of some of the world’s largest companies will also be released. Big names include Netflix, American Express, Johnson & Johnson and Procter & Gamble.
economic calendar
There is no program scheduled on January 21 (Tuesday).
On January 22 (Wednesday), a report on key US economic indicators for December will be released.
On January 23 (Thursday), initial jobless claims figures for the week ending January 18 will be announced.
On January 24 (Friday), separate reports will be released on Existing Home Sales for December, Consumer Sentiment (final) for January, S&P Flash US Services PMI and S&P Flash US Manufacturing PMI for January.
Income
The following companies are scheduled to report fourth-quarter earnings in the coming week – Netflix, Prologis, Interactive Brokers Group, 3M, Capital One Financial, Procter & Gamble, Johnson & Johnson, Abbott Laboratories, GE Vernova, Travelers, United Airlines Holdings, Intuitive Surgical. Group, Union Pacific, Alleviance Health, CSX, American Airlines Group, American Express, Verizon CommunicationsNextEra Energy, and HCA Healthcare.
last week market
US stock indices closed with gains on Friday due to optimism about the health of the US economy.
The Dow Jones Industrial Average rose 334.70 points, or 0.78 percent, to 43,487.83, the S&P 500 rose 59.32 points, or 1.00 percent, to 5,996.66 and the Nasdaq Composite added 291.91 points, or 1.51 percent, to 19,630.20.
For the week, the Dow rose 3.69 percent, the S&P rose 2.92 percent and the Nasdaq rose 2.43 percent.
The 10-year Treasury yield fell to 4.61 percent from 4.62 percent.
