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*dates subject to change*
As the month of September continued, markets continued to show signs of resistance as both the S&P and Nasdaq recorded their first negative week in three weeks.
Some earnings highlights included DocuSign, which despite warnings over weaker small-business revenues, reported beats on both the top and bottom lines that yielded increases on their full-year guidance.
Investors were not pleased to see US services expanding throughout August, with ISM Non-Manufacturing prices also increasing in the same period. Alongside jobless claims falling lower than expected at the end of the week, investors have priced in higher chances for a Federal Reserve rate hike later this month.
Overall, U.S. stocks have shown signs of price weakness as both the impact of high interest rates and fears of overvaluation begin to take steam for the second half of the year. Next week, inflation data for the month of August will be released, giving a clearer picture of what will come at the Fed’s meeting starting September 21st.
Here are the companies from this week’s expected earnings:
- Oracle – 09/11 (#oracle)
- Casey’s General- 09/11 (#casy)
- FuelCell Energy – 09/11 (#fcel)
- Cracker Barrell Old Country Store- 09/13 (#cbrl)
- Adobe – 09/14 (#adobe)
- Lennar – 09/14 (#lenb)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!