As earnings season ramps up next week, investors are eagerly awaiting the release of financial reports from major companies. This week will also see the unveiling of important economic data, which will heavily influence the market sentiment.
On Tuesday, Goldman Sachs and Morgan Stanley are set to reveal their earnings, following the lackluster results of other big banks on Friday. Investors are hoping for better performance from these financial giants. Interactive Brokers Group, Hancock Whitney, and Calavo Growers are also scheduled to report their earnings on the same day. The economic announcement to watch out for is the Empire State Manufacturing Survey.
Wednesday brings anticipation for Taiwan Semiconductor Manufacturing Co Ltd’s earnings, which will be closely monitored by tech investors. Discover Financial Services will also be releasing their earnings on this day. Additionally, Kinder Morgan, Alcoa, HB Fuller, Wintrust Financial, and Synovus Financial will be sharing their financial results. A series of economic announcements, including MBA Mortgage Applications, Import and Export Price Indices, Retail Sales, and Business Inventories, will provide insights into the overall economic health.
Oilfield services company SLB and JB Hunt Transport Services will be major earnings headliners on Thursday. PPG Industries will also be reporting their earnings. Economic data to watch for on this day includes Building Permits, Continuing Claims, Housing Starts, and Crude Oil Inventories.
The week concludes on Friday with no major earnings in sight. However, investors will be keeping an eye on important economic announcements such as Consumer Sentiment and Existing Home Sales.
Overall, the coming week is crucial for both investors and companies as they grapple with financial performance and economic indicators. These reports will shape market trends and investor sentiment in the weeks to come.