FOMC on Wednesday. US Employment on Friday.
This week the earnings for Boeing, Alphabet, Amazon, Microsoft, Intel, Starbucks, Chipotle, Caterpillar, Twitter, GM, Exxon and P&G were some of the highlights on the earnings calendar.
Next weeks earnings calendar is just as impressive. Below are some of the highlights:
Monday: AMD, Cardinal Health, Tenet Healthcare
Tuesday: Apple, Merck, Pfiizer, Altria, Gilead Science, Mastercard
Wednesday: Facebook, Tesla, Clorox, Fitbit, Sprint, Time Warner, Yum Brands, Cheesecake Factory
Thursday: Herbalife, Motorola, Viacom, Shake Shack, Zillow, Zynga, Dunkin Brands, CBS Corp.
Friday: Berkshire Hathaway, Cigna, MSG Network
The FOMC will meet with the interest rate decision on Wednesday at 2 PM. No change is expected. There is no press conference scheduled. The Fed members have been speaking more about the tapering of the QE balance sheet. Will there be more on that in the statement or other release after the meeting.
In other news in the US next week:
Monday: Markit PMI and ISM manufacturing indices will be released. Construction spending will also be released.
Tuesday: US Auto sales
Wednesday: ADP employment estimate for the private sector, ISM Non Manufacturing data and the FOMC decision and statement.
Thursday: US jobless claims, Trade data, Productivity and labor costs. Finally Factory orders will also be released.
Friday: US Employment data will be the highlight. Later Fed Vice Chair Stanley Fischer will speak. Fed's Bullard, Evans and Rosengren will be speaking on a panel.
