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*dates subject to change*
After a decent start, the markets tumbled towards the end of the week as investors became jittery from earnings and upcoming Federal Reserve comments.
Some earnings highlights included Walmart, whose strong earnings along with other value retailers showed consumer preference heading their way, although increased pressure on consumers is set to hurt them soon.
China’s economy is teetering at the moment, which isn’t a great sign for the global economy moving forward. Additionally, the Fed minutes showed that officials are not in agreement regarding rate hikes moving forward, adding to the concern investors have been dealing with.
Overall, U.S. stocks have moved down as the month of August keeps swinging between up and down. Going forward, investors should monitor upcoming economic data and another batch of important corporate earnings.
Here are the companies from this week’s expected earnings:
- Zoom Video – 08/21 (#zoom)
- Lowe’s Companies – 08/22 (#lowes)
- Macy’s – 08/22 (#macys)
- Medtronic – 08/22 (#medtron)
- Nvidia – 08/23 (#nvidia)
- Williams-Sonoma – 08/23 (#wsm)
- Snowflake – 08/23 (#snow)
- Intuit – 08/24 (#intuit)
- Workday Inc – 08/24 (#wday)
- Ulta Beauty – 08/24 (#ulta)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!