Monday: The focus was on the latest earnings reports from major companies. Netflix, United Airlines, Johnson & Johnson, and 3M Company all released their quarterly results, providing valuable insights into their financial performance and sector trends.
Tuesday: Tuesday saw significant movements in the stock market, with the S&P 500 logging its best week since the November election. Investors reacted positively to a cooler-than-expected inflation reading, which eased concerns about potential interest rate hikes.
Wednesday: Wednesday brought attention to the financial sector, with major banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo reporting strong earnings. These results were driven by robust trading and investment banking activities, contributing to an increase in the overall earnings growth rate for the S&P 500.
Thursday: On Thursday, key macroeconomic data was released, including updates on industrial production, capacity utilization, and the consumer price index. These indicators provided a clearer picture of the economic landscape and helped investors anticipate potential policy changes.
Friday: Friday marked the Bank of Japan’s (BoJ) highly anticipated meeting on rate hikes. With more than 70% of BoJ watchers expecting a rate hike, the meeting drew significant attention from investors worldwide. The BoJ’s decision will have far-reaching implications for the global financial markets.
Sources:
https://tradingeconomics.com/calendar
https://www.bloomberg.com/markets/economic-calendar
https://finance.yahoo.com/calendar/economic
https://www.aol.com/finance/trumps-inauguration-looms-earnings-season-124134596.html
https://www.morningstar.com/markets/markets-brief-earnings-season-boosts-financial-stocks
https://www.barrons.com/livecoverage/chase-wells-fargo-bank-america-citi-earnings
THE MASTER CALENDAR FOR THE WEEK
Here's every stock that reports earnings this week with a $1B+ market cap pic.twitter.com/CkENgKXdD8
— Earnings Hub – Savvy Trader (@EarningsHubHQ) January 19, 2025
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