Key Takeaways
- Markets are closed Monday for the Martin Luther King Jr. Day federal holiday.
- Donald Trump is set to be inaugurated as the U.S. president on Monday.
- Earnings reports are scheduled from Netflix, American Express, United Airlines, and Verizon.
- Data on consumer sentiment, initial jobless claims, and existing home sales releases is also on tap.
Markets are closed Monday for the Martin Luther King Jr. Day federal holiday. Do🐈nald Trump is set to be inaugurated as the U.S. president on the sᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚame day.
Investors are watching for corporate 澳洲幸运5开奖号码历史查询:earnings reports, with Netflix (NFLX), United Airlines (UAL), Johnson & Johnson (JNJ), American Express (AXP), and Verizon Communications (VZ) among the 👍companies expected to rele🍸ase quarterly financial updates this week.
Economists will get data on 澳洲幸运5开奖号码历史查询:consumer sentiment, 澳洲幸运5开奖号码历史查询:existing home sales, and initial jobless claims. Federal Reserve officials will be prohibited from making public comments as part of the blackout period ahead of 澳洲幸运5开奖号码历史查询:next week’s meeting.
Monday, Jan. 20
- Markets, federal government closed for the Martin Luther King Jr. holiday
- Donald Trump presidential inauguration
Tuesday, Jan. 21
- Netflix, 3M (MMM), Charles Schwab (SCHW), Capital One (COF), United Airlines, D.R. Horton (DHI), Fifth Third Bancorp (FITB), and Interactive Brokers Group (IBKR) are expected to report earnings
Wednesday, Jan. 22
- U.S. leading economic indicators (December)
- Procter & Gamble (PG), Johnson & Johnson, Abbott Laboratories (ABT), GE Vernova (GEV), Travelers Cos. (TRV), and Discover Financial Services (DFS) are expected to report earnings
Thursday, Jan. 23
- Initial jobless claims (Week ending Jan. 18)
- GE Aerospace (GE), Texas Instruments (TXN), Union Pacific (UNP), Elevance Health (ELV), and CSX (CSX) are expected to report earnings
Friday, Jan. 24
- Existing home sales (December)
- Consumer sentiment (January)
- S&P flash U.S. PMI (January)
- American Express, Verizon Communications, NextEra Energy (NEE), and HCA Healthcare (HCA) are expected to report earnings
Donald Trump Inauguration, King Hoꦍliday Highlight Economic Ca⛦lendar
Monday is a holiday for investors as stock and bond markets, along with banks and the federal governm🅘ent, will be closed for the Martin Luther King Jr. Day holiday.
Monday still will be noteworthy with the scheduled 澳洲幸运5开奖号码历史查询:inauguration of Donald Trump as U.S. president. Trump has said he would implement some policies on his first day in office, including 澳洲幸运5开奖号码历史查询:potenti👍al tariff and immigrati🌳on changes that could affect 澳洲幸运5开奖号码历史查询:business and investor sentiment.
There were few major economic releases this week, although Federal Reserve officials likely will be following January consumer sentiment data on Friday—including the closely watched inflation expectations. Other economic data this week includes initial jobless claims on Thursday and existing home sales on Friday. Fed officials will be in the blackout period that prohibits them from making public comments ahead of next week’s me♏eting.
Tech, Heal🌃th, Financials Lead Earnings This Week
Netflix leads this week’s earnings reports when it is expected to issue its quarterly financial update on Tuesday, coming after the 澳洲幸运5开奖号码历史查询:streamer projected full-year revenue growth of 15%.
After several banks already have 澳洲幸运5开奖号码历史查询:delivered bet𝓡ter-than-expected earnings reports, more financial firms are on tap this week to release their quarterly financial data, including Capital One and Fifth Third Bank on Tuesday and Discover Financial on Wednesday. American Express is expected to issue its fourth-quarter report on Friday, after the credit card issuer 澳洲幸运5开奖号码历史查询:raised its full-year profit outlook in its prior report.
Investors are looking for a rebound from 3M on Tuesday after 澳洲幸运5开奖号码历史查询:two of its three divisions posted declining sales in the previous quarter. After rival Delta Air Lines 澳洲幸运5开奖号码历史查询:posted strong earnings earlier this month, United Airlines is set to report on Tuesday after its 澳洲幸运5开奖号码历史查询:earnings outlook for the quarter was better than analysts had projected.
On Wednesday, consumer products maker Procter & Gamble earnings are expected to come out after the 澳洲幸运5开奖号码历史查询:company’s sales in the 🔯prior quarter were below estimates. Travelers’ Wednesday report comes as some insurance providers have experienced share-price 💟;declines over worries about the costs 🍃of 💟the California wildfires.
The earnings reports of railroad shipping firms Union Pacific and CSX—expected on Thursday—will provide insight into the strength of the transportation and shipping sector. GE Aerospace's report, also set to release that day, will show whether its 澳洲幸运5开奖号码历史查询:commercial e🌊ngines and ♋services division can return to expectations, while GE Vernova is expected to report Wednesday amid 澳洲幸运5开奖号码历史查询:analyst optimism over it🤡s 🍸gas turbines.
On Friday, Verizon Communications will look to show continued growth in its 澳洲幸运5开奖号码历史查询:wireless phone꧒ and internet su💫bscriber base.