Over the coming week, Wall Street stock market investors will be focusing on key economic data such as the Consumer Price Index, Producer Price Index, and Industrial Production Report.
Apart from US economic indicators, major performance of Coca-Cola, Shopify, Cisco, Sony, etc. will also be a focus for investors.
economic events
Consumer Price Index (CPI) statistics for January will be released on February 13th.
On February 15th, January US retail sales and January industrial production statistics will be released.
Producer Price Index (PPI) data for January will be released on February 16th.
revenue
The following companies are expected to report quarterly earnings next week—
Arista Networks, Avis Budget Group, Goodyear Tire & Rubber Company, Coca-Cola, Shopify, Airbnb, Marriott International, Data Dog, Molson Coors Beverage Company, Hasbro, Airbnb, Biogen, Upstart Holdings, Lyft , Cisco, Sony, Kraft Heinz Company, Global Payments, Twilio, QuantumScape, Applied Materials, Deere, Stellantis, DoorDash, The Wendy’s Company, Coinbase Global, SunPower, Roku, TC Energy, and Vulcan Materials.
last week’s market
On Friday (February 9), the Dow Jones Industrial Average fell 54.64 points, or 0.14%, to 38,671.69, the S&P 500 Index rose 28.70 points, or 0.57%, to 5,026.61, and the Nasdaq Composite Index fell 196.95 points, or 1.25 points, to 5,026.61. %)Rose. , up to 15,990.66.
The yield on the benchmark 10-year U.S. Treasury note rose 0.7 basis points to 4.177% from 4.17% late Thursday. The two-year bond yield rose 3.2 basis points to 4.4883% from 4.456% late Thursday.
The Japanese yen fell against the dollar to 149.37 yen from 149.40 yen. The euro rose to $1.0785 from $1.0775.
Benchmark U.S. crude oil for March delivery rose 62 cents to $76.84 a barrel on Friday. Brent crude for April delivery rose 56 cents to $82.19 a barrel.
Gold for April delivery fell $9.20 to $2,038.70 an ounce. Silver for March delivery fell 5 cents to $22.59 an ounce.
Here is a comprehensive three-minute summary of what Finance Minister Nirmala Sitharaman said in her budget speech: Click to download!
