Last reading of the inflation of the PCE, testimony to the Congress of the President of the Fed Powell and the American-Israeli-Iranian tensions will be at the point this week. Micron is well positioned to beat the expectations of profits when it reports the results this week, making it a purchase stock. Nike is a sale while she is preparing to publish income that should disappoint as well as weak advice.
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On Friday, American shares closed because investors monitored the latest developments from the Middle East. Merchants also considered the path of future interest rate drops by the federal reserve.
Source: Investing.com
For the week, it was approximately 0.2% lower, the 30 shares were little changed, while the technology increased by 0.2%.
More volatility could be in store in the coming week, investors assess the prospects of the economy, inflation, interest rates and benefits of companies in the midst of increasing tensions between the United States, Israel and Iran and the trade rates of President Donald Trump.
The United States bombed three Iranian nuclear sites on Saturday evening, Time in the United States, President Donald Trump announced. Trump described the strikes as “very successful”, saying that the mission “completely and completely erased” the nuclear capacity of Iran.
Meanwhile, on the economic calendar, the most important will be the PCE price index on Friday, which is the favorite inflation gauge of the American Central Bank.
Source: Investing.com
The reduced prospects of the Fed could become clearer when President Jerome Powell pronounces the testimony of half -yearly monetary policy in front of the Chamber’s Financial Services Committee on Tuesday and the US Senate Committee on Banks, Housing and Urban Affairs on Wednesday.
And although the winning season is almost finished, some notable companies will report in the coming week, including Fedex (Nyse :), Micron (Nasdaq :), Nike (Nike :), Walgreens Boots Alliance (Nasdaq :), and Kb Home (Nyse :).
Whatever market management, below, I highlight a stock likely to be in demand and another …
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