The Week Ahead: Economic Data and Earnings Highlights
his week is packed with economic data and corporate earnings, providing crucial insights into market trends, consumer behavior, and business performance. Here's what to expect day by day:
?? Monday: Durable Goods and Tech Earnings
Kicking off the week, the U.S. Durable Goods Orders report will highlight trends in demand for long-lasting goods, a key indicator of business investment. Tech giants Dell Technologies and HP Inc. will release their earnings, offering a detailed look into the performance of the PC and printing markets.
?? Tuesday: Consumer Sentiment and Retail Insights
The Consumer Confidence Index will provide an important measure of sentiment about the economy, influencing spending behaviors. Best Buy’s earnings will reveal demand trends in consumer electronics, while Dollar Tree’s report will offer insights into discount retail. The S&P/Case-Shiller Home Price Index will also be released, reflecting trends in home prices across major U.S. cities.
?? Wednesday: GDP Growth and Corporate Earnings
Midweek, the U.S. GDP (Q3, Second Estimate) will provide a revised perspective on economic growth. Deere & Company will report earnings, reflecting demand in agriculture and construction, while Salesforce’s results will highlight growth in cloud computing. Personal Income and Outlays data, including the PCE Price Index, will provide vital insights into inflation trends.
?? Thursday: Thanksgiving Holiday
U.S. markets will be closed for Thanksgiving, with no scheduled economic reports or earnings releases.
?? Friday: Manufacturing and Inflation Trends
The Chicago PMI will measure business activity in the Chicago region, giving insights into manufacturing. Globally, the Eurozone CPI Flash Estimate will provide an early look at November’s inflation trends, influencing monetary policy and market expectations.
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