Preliminary fourth-quarter gross domestic product (GDP) data and several rounds of personal consumer expenditure (PCE) readings will highlight next week’s economic calendar. Meanwhile, earnings kick up a notch, with several blue-chip names on the docket.
Blue-Chip Earnings Unleashed
Reports from corporate giants such as 3M (MMM), American Express (AXP), AT&T (T), General Electric (GE), IBM (IBM), Intel (INTC), Johnson & Johnson (JNJ), Procter & Gamble (PG), Netflix (NFLX), Tesla (TSLA), Verizon (VZ), and Visa (V), are expected. Quarterly reports from prominent airliners like Alaska Air group (ALK), American Airlines (AAL), and United Airlines (UAL) are also on the horizon.
Weekly Economic Calendar
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
There are no notable events scheduled on Monday, Jan. 22 or Tuesday, Jan. 23.
Things begin to pick up slightly on Wednesday, Jan. 24, which will host the release of both the S&P flash U.S. services and manufacturing purchasing managers’ index (PMI).
On Thursday, Jan. 25 jobless data, preliminary fourth-quarter GDP data, durable goods orders, advanced retail inventories, and advanced wholesale data will all be posted. There will also be an update on the advanced U.S. trade balance.
Personal income and spending, as well as PCE and core PCE index readings for both December and year-over-year readings are scheduled for Friday, Jan. 26.
