Economic Releases and Major Earnings to Watch This Week
This week, investors are set for a data-heavy period, with critical economic releases and earnings from some of the world's largest companies, which could shape market sentiment heading into the Federal Reserve's November meeting.
Key Economic Data Releases:
September Jobs Report (Friday): The U.S. employment report for September is highly anticipated as the Federal Reserve evaluates labor market resilience ahead of its Nov. 6–7 meeting. A strong report may discourage the Fed from further interest rate cuts, while weaker-than-expected numbers could increase the likelihood of more aggressive rate cuts.
Personal Consumption Expenditures (PCE) Inflation (Thursday): This key inflation measure will indicate whether inflation is continuing to trend towards the Fed's 2% target. Fed officials remain cautious about reducing rates too quickly and may wait for more consistent progress on inflation.
Third-Quarter Gross Domestic Product (GDP) (Wednesday): The first estimate of Q3 GDP growth will provide an early view of economic expansion and consumer spending strength in the quarter. Given recent inflationary pressures and rising interest rates, this metric will help gauge overall economic health.
Housing and Manufacturing Data: A range of reports, including the Case-Shiller home price index, pending home sales, and the S&P Global and ISM manufacturing PMIs, will be released. These indicators will offer insights into two critical sectors—housing and manufacturing—which have shown mixed signals amid high borrowing costs.
Corporate Earnings Highlights:
This week’s earnings calendar includes major reports from Big Tech, Big Pharma, Big Oil, and Consumer Goods sectors, with a special focus on the health of U.S. consumer spending and corporate performance amid economic uncertainty.
Big Tech:
Alphabet (Google), Microsoft, Meta Platforms, Apple, and Amazon will all be released
This week, investors are set for a data-heavy period, with critical economic releases and earnings from some of the world's largest companies, which could shape market sentiment heading into the Federal Reserve's November meeting.
Key Economic Data Releases:
September Jobs Report (Friday): The U.S. employment report for September is highly anticipated as the Federal Reserve evaluates labor market resilience ahead of its Nov. 6–7 meeting. A strong report may discourage the Fed from further interest rate cuts, while weaker-than-expected numbers could increase the likelihood of more aggressive rate cuts.
Personal Consumption Expenditures (PCE) Inflation (Thursday): This key inflation measure will indicate whether inflation is continuing to trend towards the Fed's 2% target. Fed officials remain cautious about reducing rates too quickly and may wait for more consistent progress on inflation.
Third-Quarter Gross Domestic Product (GDP) (Wednesday): The first estimate of Q3 GDP growth will provide an early view of economic expansion and consumer spending strength in the quarter. Given recent inflationary pressures and rising interest rates, this metric will help gauge overall economic health.
Housing and Manufacturing Data: A range of reports, including the Case-Shiller home price index, pending home sales, and the S&P Global and ISM manufacturing PMIs, will be released. These indicators will offer insights into two critical sectors—housing and manufacturing—which have shown mixed signals amid high borrowing costs.
Corporate Earnings Highlights:
This week’s earnings calendar includes major reports from Big Tech, Big Pharma, Big Oil, and Consumer Goods sectors, with a special focus on the health of U.S. consumer spending and corporate performance amid economic uncertainty.
Big Tech:
Alphabet (Google), Microsoft, Meta Platforms, Apple, and Amazon will all be released