In a holiday-shorted week, Wall Street Investors will focus on home sales data and federal Reserve Minutes of monetary policy meeting of January. Markets will be closed on Monday to mark President’s Day,
Other economic data will also appear in the week, including S&P Global’s initial PMI for services and manufacturing, and consumer spirit for February.
Calendar in earnings, Wal-martAlibaba Group, Medtronic, Oxidantl Petroleum and Analog devices will be the major companies to report their quarter results.
Economic calendar
17 February (Monday) is the President’s Day holiday.
On 18 February (Tuesday), a report of the Empire State Manufacturing Survey for February will be released.
On 19 February (Wednesday), the minutes of Fed’s January FOMC meeting will be released.
On 20 February (Thursday), separate reports on the initial unemployed claims for the week ended on February 15, Philadelphia Fed Manufacturing Survey for February, and US leading economic indicators for January will be released.
On 21 February (Friday), separate reports on S&P Flash US Services PMI and S&P Flash Manufacturing PMI for February, final consumer spirit for February, existing house sales for January will be released.
Income
The following companies are due to the fourth quarter earning report in the ahead – Walmart, Alibaba Group Holding, Medtronic, Oxidantl Petroleum, Analog device, Booking Holdings, Arista Network, Mercdolibre, Consultation Energy Corporation, Southern Company (D), Cade design design Systems, Netease, Nu Holdings, Carvana Co, Copart, NewMont Corporation, Block, Cheniere Energy, Targa Resources, Quanta Services, Garmin, Crown Caste, Vulcan Materials Come ERNMENT, Entergy Corporation, Baidu, Integrated Edison, VICI Properties, EQT Corporation, Texas Pacific Land Corporation, Coastar Group, Chenier Energy Partners, Ansys, rocket companies and rocket companies.
Market last week
The US Stock on Friday mixed after a shortage of retail sales data.
The extensive-based S&P 500 ended unchanged at 6,114.63, while Dow Jones Industrial Average decreased from 0.4 percent to 44,546.08. Tech-rich NasDaq Composite Index climbed 0.4 percent to 20,026.77.
In the bond market, the yield on a 10 -year Treasury fell from 4.54% to 4.47% late Thursday.
