WHAT TO EXPECT IN THE MARKETS THIS WEEK

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Amara

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Jul 18, 2024
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This week, several key financial, tech, and health-care companies will report their quarterly earnings, including Goldman Sachs, Morgan Stanley, Citigroup, UnitedHealth Group, Johnson & Johnson, and Netflix. Investors will also monitor retail sales, housing starts, building permits, and homebuilder confidence to gauge the health of the U.S. economy.

Key events include:

Monday, Oct. 14: Bond markets closed for Columbus Day; Fed Gov. Christopher Waller will deliver remarks.

Tuesday, Oct. 15: Earnings reports from UnitedHealth, Johnson & Johnson, Goldman Sachs, Citigroup, and PNC Financial Services.

Wednesday, Oct. 16: Morgan Stanley, Abbott Laboratories, and US Bancorp will report earnings.

Thursday, Oct. 17: Taiwan Semiconductor Manufacturing, Netflix, Intuitive Surgical, and retail sales data.

Friday, Oct. 18: Housing starts and earnings from Procter & Gamble and American Express.

Additionally, several Federal Reserve officials will speak throughout the week, with remarks expected from Fed Gov. Christopher Waller, San Francisco Fed President Mary Daly, and others. The retail sales data and housing market indicators will offer further insights into consumer spending and housing market trends.