Wall street investors will be focused on major economic figures including Wall Street Investors mainly on major economic figures, including mutual trade tariffs and consumer price inflation and retail sales expected by US President Donald Trump.
Week will also see Fed chairman Geom Powell Testes of US Congress.
On Friday, President Trump said he could announce “mutual tariff” on Monday or Tuesday, without specifying which countries could be affected.
“I will declare mutual trade so that we can treat other countries equally,” Trump said, “said Trump. “We do not want any more, no less.”
Some major companies, including McDonald’s, Coca-Cola, Unilever and Cisco Systems, will be seen reporting their financial results during the earnings season.
Economic calendar
On 11 February (Tuesday), a report will be released on the NFIB optimism index for January. The first day of Fed Chairman Zerome Powell’s testimony of the US Congress is scheduled.
On 12 February (Wednesday), data will be declared at the Consumer Price Index (CPI) for January. Powell’s second day of testimony for the Congress is scheduled.
The manufacturer price index (PPI) data will be declared for January on 13 February (Thursday).
On 14 February (Friday), the import price for January and data on retail sales for January, industrial production for January will be released.
Income
Following the report of the following companies, the fourth quarter earnings a week are due to the earnings of the fourth quarter-Causdonalds, Arc Capital Group, Orix, Semiconductor, Coca-Cola, S&P Global, Shopify, Gilly Sciences, BP, Sisko Systems, Applovin, Equinix, Group on CME, CVS Health, Williams, Unilever, Applied Materials, Sony, Dere, Coinbase Global, Natwest, Ameran and Modern.
Market last week
American stock indices President Donald Trump said that he plans to announce a mutual tariff on many countries.
Dow Jones Industrial Average fell at 444.23 points or 0.99%, 44,303.40, S&P 500 lost 57.58 points, or 0.95%, 6,025.99 and Nasdaq Composite 268.59 points, or 1.36%, 19,523.40.
For the week, the dove was reduced by 0.54%. S&P fell 0.24% while Nasdaq was 0.53% below.
The yield of a 10 -year Treasury was 4.44% to 4.48%. 2-year-old treasury yield rose from 4.22% to 4.28%.
