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*dates subject to change*
The Dow Jones Industrial Average surged over 700 points, or 2.2%, in response to Congress passing the debt ceiling deal and a positive jobs report. The S&P 500 gained 1.6%, and the Nasdaq Composite rose 1.2%. The market’s optimism was fueled by the resolution of the debt ceiling concerns, eliminating the fear of a U.S. debt default. Additionally, the mixed May jobs report, which showed strong job growth but a slight cooling of average hourly wages and an increase in the unemployment rate, contributed to the positive sentiment. The market’s gains put the major indexes on track for their best weekly performances in months.
Going forward, investors will monitor the Fed’s interest rate movements, the debt ceiling, and other macroeconomic indicators.
Here are the companies from this week’s expected earnings:
- Allego Holding B.V.. – 06/05 (#allg)
- Vinco Ventures – 06/05 (#bbig)
- Dave & Busters – 06/06 (#play)
- Hello Group – 06/06 (#momo-adr)
- Gamestop – 06/07 (#gamestop)
- Campbell Soup – 06/07 (#campbl)
- DocuSign – 06/08 (#docu)
- Toro – 06/08 (#ttc)
- NIO Inc. – 06/09 (#nio-adr)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!