Investors Brace for Key Market Events Amid Holiday Break
This week, investors are gearing up for important data releases, even with markets closed on Martin Luther King, Jr. Day. The next four trading days promise a busy agenda, filled with economic indicators and corporate earnings reports.
Major companies set to announce their earnings include blue-chip names like 3M (MMM), American Express (AXP), Johnson & Johnson (JNJ), Procter & Gamble (PG), Travelers (TRV), and Verizon Communications (VZ). Other notable reports will come from American Airlines (AAL), Logitech (LOGI), Netflix (NFLX), and United Airlines (UAL).
Here’s a brief overview of key market events scheduled for the week ahead. Please note that all economic dates are tentative and may change.
The market will be closed on Monday, January 20 in observance of Martin Luther King Jr. Day.
No economic data will be released on Tuesday, January 21.
Wednesday, January 22 will see the release of U.S. leading economic indicators.
Thursday, January 23 is set for jobless claims data to be reported.
Finally, on Friday, January 24, investors will analyze existing home sales, consumer sentiment data, as well as the S&P services and manufacturing purchasing managers’ indexes (PMI).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.