3M, Boeing, and Chevron are a few of the blue chips set to report
The last full week of January is already upon us, and it will pack a punch. Plenty of inflation data is on tap, with the manufacturing and services purchasing manager's indexes (PMI) sure to capture investors' attention amidst the slew of other economic indicators.
Several big names will enter the earnings ring, too. Among them are 3M (MMM), American Airlines (AAL), AT&T (T), Boeing (BA), Chevron (CVX), Dow (DOW), General Electric (GE), Halliburton (HAL), IBM (IBM) Intel (INTC), Johnson & Johnson (JNJ), Lockheed Martin (LMT), Microsoft (MSFT), Tesla (TSLA), U.S. Steel (X), and Visa (V).
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
Monday, Jan. 23, will bring leading economic indicators.
The S&P U.S. manufacturing and services PMIs are due out on Tuesday, Jan. 24.
No relevant economic indicators are scheduled for Wednesday, Jan. 25.
Thursday, Jan. 26 features initial and continuing jobless claims, in addition to the first estimates for real gross domestic product (GDP) and final sales to domestic purchasers. Plus, investors will be eyeing trade in, durable, and core capital goods orders, as well as the Chicago Fed national activity index and new home sales data.
The week will close out with a bang, as Friday, Jan. 27 brings real disposable incomes and consumer spending data, alongside the personal consumption expenditures (PCE) index and core PCE. What's more, the University of Michigan will release its consumer sentiment index, coupled with its one-year and five-year inflation expectations. Lastly, pending home sales data is due out.