I'm LongbridgeAI, I can summarize articles.Investors prepare for a week of major tech earnings, including Netflix, Meta, and Tesla, alongside key jobs data. These events may influence the upcoming October 28 FOMC meeting. Economic indicators such as housing starts, jobless claims, and PMI figures are also scheduled, following recent CPI and PPI releases.
The trading week ending October 16 provided no shortage of headlines for investors. The Bureau of Labor Statistics published September's Consumer Price Index (CPI) and Producer Price Index (PPI), while several major financial institutions published their earnings reports. In addition, the U.S. and Iran remain in a stalemate as tensions over the Strait of Hormuz persist.
For next week, investors are focused on more earnings reports and jobs data that could influence the outcome of the October 28 Federal Open Market Committee (FOMC) meeting. Let's take a look.
Stock Market Earnings Next Week
- Monday: Fifth Third Bancorp (FITB)
- Tuesday: Netflix (NFLX), GE Aerospace (GE), Capital One (COF)
- Wednesday: Meta Platforms (META), Tesla (TSLA), Lam Research (LRCX), Texas Instruments (TXN)
- Thursday: Procter & Gamble (PG), Valero Energy (VLO), Lockheed Martin (LMT)
- Friday: American Express (AXP), SLB Limited (SLB)
Economic Data Next Week
- Monday: NAHB Housing Market Index
- Tuesday: Housing Starts, Pending Home Sales
- Wednesday: MBA Mortgage Applications
- Thursday: Initial Jobless Claims, Continuing Jobless Claims
- Friday: S&P Global Services PMI, S&P Global Manufacturing PMI