đ¸Tuesday: $VZ $GM $MMM $RTX $GE $LMT Earnings; BRICS Summit
đ¸Wednesday: Existing Home Sales; Fed Beige Book; $TSLA $IBM $BA $KO Earnings
đ¸Thursday: Jobless Claims, Mfg., Services PMIs, New Home Sales; $UPS $AAL $LUV Earnings
đ¸Friday: Durable Goods Orders, Consumer Sentiment
- Stocks took a breather after notching their longest weekly rally this year, with traders gearing up for key earnings reports from Boeing Co. to Tesla Inc. and United Parcel Service Inc.
- Following a relentless advance to all-time highs, equities dropped from nearly overbought levels. Despite Mondayâs slide, the S&P 500 has gone 30 sessions without suffering back-to-back losses.
- While a month without consecutive down days may not sound like much, the current streak ranks among the very best since 1928
- Wall Street faces a big earnings hurdle this week, with roughly 20% of the S&P 500 companies scheduled to release results.
- Election day approaches, earnings season is in full swing, and the economy is projected to grow at over 3% đ
đNo major news this week.
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