The week ahead will be dominated by earnings from several major banks as well as key economic data, including consumer and producer price indices.
U.S. stocks ended the session down across the board on Friday after the September jobs report stoked fears that the Federal Reserve will remain aggressive with interest rate hikes. Despite the massive sell-off, all three major indices finished higher for the week.
FOX Business takes a look at upcoming events that are likely to move Financial markets in the coming days.
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Monday will be quiet for earnings and economic data. However, Digital World Acquisition Corporation will be a stock to watch as it holds a special meeting asking shareholders to extend the merger deadline with Trump Media and Technology Group.
Chicago Fed President Charles Evans will participate in a moderated Q&A session with the Illinois Chamber of Commerce.
Other notable events include the in-person annual meetings of the International Monetary Fund and the World Bank, which will run until October 16, and Fitch’s planned withdrawal of its Starbucks rating.
The NFIB’s Business Optimism Index and the New York Federal Reserve’s five-year inflation expectations will take center stage for economic data on Tuesday.
Meta Platforms will also host a virtual Connect conference exploring augmented and virtual reality, which will be key to Facebook’s parent company’s metaverse ambitions. Amazon will give Prime members exclusive early access to holiday deals on October 11 and 12.
PepsiCo will launch earnings before US markets open.
Meanwhile, the Producer Price Index and the Fed’s latest minutes will be the focus for economic data.
Microsoft will host a special event to showcase the latest hardware in its Surface product line.
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Earnings on the book before markets open Thursday include investment bank BlackRock, Delta Air Lines, Domino’s Pizza, fasteners retailer Fastenal and Walgreens Boots Alliance. Progressive will take center stage after the closing bell.
As for economic data, investors will equate the Consumer Price Index, the Energy Information Administration’s weekly crude oil inventories and the latest initial and continuing unemployment claims.
The week will end with earnings from Citigroup, First Republic Bank, JPMorgan Chase, Morgan Stanley, PNC Financial Services, UnitedHealth Group, US Bancorp and Wells Fargo.
Investors will see reports on import and export prices, retail sales, business inventories and the University of Michigan Consumer Confidence Index.