Friday, Wall Street’s actions put an end to jerky exchanges, while the prices continued to worry about investors.
Source: Investing.com
The and Tech-Heavy posted weekly gains, up 0.6% and 1.5%, respectively. The 30 stocks were slightly lower than the week, lowering less than 0.1%.
Greater volatility could be in store in the coming week, investors assess the prospects of the economy, inflation, interest rates and the profits of companies in the midst of global commercial dips.
The profits season goes up a gear, with expected reports from Tesla (Nasdaq 🙂 and the Google-Parent alphabet (Nasdaq :)-Two of the so-called magnificent megacap companies. Other High-Profile Companies On The Agenda Include Intel (Nasdaq :), IBM (Nyse :), At & T (nyse :), Verizon (Nyse :), T-Mobile (Nasdaq :), Lockheed Martin (Nyse :), RTX (Nyse :), Northrop Grumman (Nyse :), American Airlines (Nasdaq 🙂 Southwest Airlines (Nyse :), Philip Morris (Nyse :), Coca-Cola (Nyse :), Chipotle Mexican Grill (Nyse :), and General Motors (Nyse :).
Meanwhile, on the economic calendar, the PMI flash readings on manufacturing and the service sector will attract attention on Thursday, as well as updates to the housing market.
Source: Investing.com
In addition, the president of the federal reserve Jerome Powell should give a speech during the integrated examination of the Framework for Large Conference capital in Washington DC on Tuesday.
Whatever management of management, below, I highlight a title likely to be in demand and another which could see a new drawback. Remember, however, my deadline is just For the coming week, Monday July 21 to Friday July 25.
Stock to buy: Tesla
Tesla presents a convincing contrary opportunity this week, expectations being remarkably low before its report on the second quarter gains. Although the title numbers can be disappointing, this could be a classic case where rear appearance data may not be the main event.
Tesla’s second quarter update should be released after the end on Wednesday at 4:05 p.m. in what will probably be one of the most watched reports of the week. A call …
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