Pl
Fed Rate Decision; UnitedHealth, Apple, Microsoft, Alphabet, Meta Earnings: What to Watch This Week
All three major equity indexes closed at record highs last week, each rising about 2%. A softer-than-expected inflation reading from the Bureau of Labor Statistics buoyed investor sentiment on Friday.A day earlier, the White House confirmed that President Donald Trump will meet Chinese President Xi Jinping on Oct. 30 in South Korea at the Asia-Pacific Economic Cooperation Summit, raising hopes for a longer-term trade deal between the two countries.The 3% year-over-year increase in the consumer price index, while a full percentage point more than the Federal Reserve's target, was one-tenth of a percentage point less than expected. That data point all but seals a quarter-point rate cut at the Federal Open Market Committee's confab, which will take place on Tuesday and Wednesday.UnitedHealth Group and Visa announce results on Tuesday, followed by Alphabet, Meta Platforms, and Microsoft on Wednesday. Amazon.com, Apple, Eli Lilly, and Mastercard will release earnings on Thursday, and oil gi
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post

No comments yet
