The Blue Chip Lineup
Earnings season unfolds like a high-stakes drama, with juggernauts ready to reveal their financial prowess in the upcoming week. Companies like 3M (MMM), Coca-Cola (KO), IBM (IBM), and Verizon (VZ) are poised to take center stage. But that’s not all – American Airlines (AAL), Hilton Worldwide (HLT), Keurig Dr Pepper (KDP), Southwest Airlines (LUV), Tesla (TSLA), and T-Mobile (TMUS) are also gearing up to command the spotlight. Economic updates will be a bit more subdued, featuring the routine jobs report and insights from several U.S. Federal Reserve representatives.
Market Events on the Horizon
Charting the course for the week ahead, here are the key events lined up. Mark your calendars, but with a pencil – these dates are subject to last-minute edits:
On Monday, October 21, prepare to hear from Lorie Logan, President of the Dallas Fed.
Tuesday, October 22, will showcase a speech by Patrick Harker, President of the Philadelphia Fed.
Wednesday, October 23, sets the stage for the release of existing home sales data.
Thursday, October 24, will unveil the customary weekly job figures, alongside the S&P flash U.S. services and manufacturing purchasing managers’ index (PMI), as well as new home sales data.
Closing out the week on Friday, October 25, anticipate the release of durable goods orders and consumer sentiment metrics.
