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Earnings season will be in full swing this week with reports from companies including Netflix, Procter & Gamble, Johnson & Johnson, American Airlines, AT&T, Southwest Airlines, Verizon, IBM, Tesla, Chipotle Mexican Grill and Intel. Key housing data including current home sales, building permits, housing starts and the NAHB housing marketing index are also on the docket.

The week will also be filled with special events from Apple, Google, Samsung, all of whom will unveil the latest versions of their customers’ favorite technology products, and congressional hearings investigating issues that are causing disruption to global supply chains, including small entities. There are challenges. There are steps the federal government can take to adjust to the disruption faced, and strengthen the resilience of the supply chain.

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Stocks are trading higher after a stronger than expected retail sales report and solid bank earnings on Friday.

anchorthe protectionThe lastChangeChange %
Me: DJIdow jones average35294.76+382.20+1.09%
SP500S&P 5004471.37+33.11+0.75%
me: compNASDAQ Composite Index14897.33971+73.91+0.50%

Granthshala Business takes a look at upcoming events that are likely to go ahead financial market In the coming days.

Monday 10/18

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Albertsons and State Street Corporation will open earnings for the week before the market opens and Steel Dynamics and Zions Bancorp after the bell.

anchorthe protectionThe lastChangeChange %
ACIAlbertsons Companies28.56+0.21+0.74%
STTState Street Corp.92.73+1.02+1.11%
STLDSteel Dynamics, Inc.61.88+0.21+0.34%
zionZIONS BANKORATION, NA62.14-0.50-0.80%

For economic data, investors will be looking at Industrial Production and the National Association of Homebuilders Housing Market Index.

Also on Monday, Apple is set to hold its Unleashed event, which is expected to unveil the latest versions of MacBook Pro laptops. The computers are rumored to have “M1X” processors, designed by Apple, after using Intel chips in previous versions.

anchorthe protectionThe lastChangeChange %
CMCSAComcast Corp.54.02+0.03+0.06%
CSCredit Suisse Group AG10.57+0.14+1.34%

In addition, Comcast and Credit Suisse are expected to welcome employees who are fully vaccinated.

Tuesday 10/19

On Tuesday, investors will gather earnings from a range of companies, including Bank of New York Mellon, Johnson & Johnson, Philip Morris and Procter & Gamble, before the opening bell. Meanwhile, Netflix and Kansas City Southern will be joining the big names in the spotlight after the bell.

anchorthe protectionThe lastChangeChange %
bkBank of New York Mellon Corp.57.16+0.59+1.04%
JNJjohnson and johnson161.30+1.19+0.74%
timePhilip Morris International, Inc.98.37-0.48-0.49%
PGProcter & Gamble Company Limited144.42+0.37+0.26%
NFLXNetflix, Inc.628.29-5.51-0.87%
KSUKansas City Southern295.59+3.26+1.12%

As far as economic data is concerned, the focus will be on building permits and housing starts. Federal Reserve speaking with Philadelphia Fed President Patrick Harker ahead of the “C4: Cybersecurity Cooperation and Cooperation” conference, San Francisco Fed Chair Mary Daly participating in a regional Bankers Forum and Atlanta Fed President Rafael Boustik’s virtual interview speaking first. Dubbed “Back to Work: Helping the Long-Term Unemployment” and speaking before the Federal Reserve’s “Searching for Careers in Economics” program.

The European Commission will publish a report on the impact of the COVID-19 pandemic on the European economy.

anchorthe protectionThe lastChangeChange %
GoogleAlphabet, Inc.2,827.36+4.34+0.15%

Also on Tuesday, Google will unveil its Pixel 6 and Pixel 6 Pro phones, which are powered by the tech giant’s first custom mobile chip, Tensor. Pixel fall launch event live stream 10 a.m. PT/1 a.m. ET.

anchorthe protectionThe lastChangeChange %
XOMExxon Mobil Corp.62.59+0.59+0.95%
districtWalt Disney Company176.46+2.05+1.18%

Other notable events include a vote of union workers on a contract proposal with ExxonMobil and the launch of Disney Genie, a new digital planning service for the company’s Florida theme parks.

Wednesday 10/20

Earnings to watch on Wednesday include Abbott Labs, Anthem and Verizon before the market opens, and IBM and Tesla after the bell.

anchorthe protectionThe lastChangeChange %
abtAbbott Laboratories117.49-0.08-0.07%
antmeAnthem, Inc.393.05+2.34+0.60%
VZVerizon Communications, Inc.52.27+0.35+0.67%
ibmINTERNATIONAL BUSINESS MACHINES CORP.144.61+1.22+0.85%
TSLATesla, Inc.843.03+24.71+3.02%

Investors noted in the Beige Book, weekly mortgage applications, the Energy Information Administration’s weekly crude stocks, and comments from Atlanta Fed President Rafael Boustik, Chicago Fed President Charles Evans and St. will do. The Economy: Focus on the Wealth Divide” event hosted by Federal Reserve District Banks. San Francisco Fed Chair Mary Daly will also participate in a virtual fireside chat ahead of the symposium on Asian Banking and Finance.

Additional important events to watch will be Samsung’s Unpacked event, a House Small Business subcommittee on monitoring, investigations and regulations on global supply chains, and an international meeting in Moscow between representatives of Russia and the Taliban on the situation in Afghanistan. talks.

Thursday 10/21

On Thursday, Alaska Air, American Airlines, AT&T, AutoNation, Blackstone, Crocs and Southwest Airlines are among the big names reporting ahead of the market opening.

anchorthe protectionThe lastChangeChange %
alkiAlaska Air Group, Inc.57.77+0.25+0.43%
cameAmerican Airlines Group, Inc.19.98+0.34+1.73%
TeaAT&T, Inc.25.70+0.08+0.31%
OneAutonation, Inc.116.71+0.67+0.58%
bxblack Stone123.03+1.00+0.82%
crocsCrocs, Inc.137.19+0.57+0.42%
LUVSouthwest Airlines Company50.36-1.15-2.23%

Meanwhile, Boston Beer, Chipotle Mexican Grill, Intel, Mattel, Snap and Whirlpool will deliver results after the bell.

anchorthe protectionThe lastChangeChange %
SamBoston Beer Co., Inc.511.36-13.83-2.63%
CMGChipotle Mexican Grill, Inc.1,830.93-9.76-0.53%
INTCintel corp54.46+0.56+1.04%
matMattel, Inc.19.66-0.05-0.25%
crackSnap, Inc.77.34+0.70+0.91%
WHRBhanwar Corp.206.72+2.03+0.99%

Restaurant chain Portillo and coconut water company Vita Coco are also expected to make their debut on the Nasdaq under the ticker symbols PTLO and COCO. Portillo’s is selling 20.3 million shares at $17 to $20 each, As per its IPO prospectus. At $20, Portillo’s valuation could reach $1.4 billion. Meanwhile, Vita Coco is offering 11.5 million shares at $18 to $21 each, according to its brochure. Vita Coco is targeting a valuation of $1.17 billion at $21 per share.

Economic data across the board for Thursday included preliminary and continuing jobless claims, current home sales, the Philadelphia Fed Manufacturing Index and the Index of Key Economic Indicators.

In the world of politics, Attorney General Merrick Garland is set to testify before the House Judiciary Committee.

Friday 10/22

Earnings will end the week for American Express, Honeywell, Schlumberger and VF Corporation. Meanwhile, Market Manufacturing and Market Services PMI will conclude the week for economic data.

anchorthe protectionThe lastChangeChange %
expAmerican Express Company175.81+4.30+2.51%
HeHoneywell International, Inc.220.72+2.13+0.97%
slbSchlumberger NV34.00+0.48+1.43%
VFCVF Corp.73.550.000.00%

San Francisco Fed Chair Mary Daly will also participate in a talk titled “Facing an Uncertain World: The Federal Reserve and Climate Change Risk” ahead of an event hosted by the American Enterprise Institute. Russia’s central bank will also update its 2021 inflation and rate trajectory forecasts.