What to Expect in the Markets This Week

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Samiat

Member
Nov 12, 2024
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What to Expect in the Markets This Week

Key Highlights

The Federal Reserve will announce its interest rate decision on Wednesday, with investors anticipating another rate cut. Fed Chair Jerome Powell’s press conference will provide insights into the economy and future policy.

Key economic data releases include inflation (PCE), retail sales, GDP revisions, home sales, and consumer confidence.

Major earnings reports this week come from Micron Technology (MU), Nike (NKE), FedEx (FDX), Accenture (ACN), and Carnival (CCL).

Notable Dates:

Wednesday: FOMC interest rate decision, Powell’s press conference, and earnings from Micron Technology.

Thursday: GDP revisions (Q3), jobless claims, and earnings from Nike, Accenture, and FedEx.
Friday: PCE inflation data and consumer sentiment report.

Conclusion
This week’s focus on the Federal Reserve's interest rate outlook and key economic data will drive market movements. While earnings from major companies could influence individual sectors, overall sentiment will hinge on signals about inflation and the Fed’s next steps. Investors should brace for potential volatility, especially in growth-sensitive sectors like technology and consumer discretionary.