Although markets are closed Monday, the rest of the week is chock full of earnings reports
In
a potentially unfortunate scenario for the broader market, Alcoa Inc (NYSE:AA) kicked off earnings season
on a dismal note this week. While blue-chip banking bigwig JPMorgan Chase & Co. (NYSE:JPM) took
a decidedly different route with its results, the action was only a sampling of what next week has in store. Specifically, a handful of blue chips -- including
American Express Company (NYSE:AXP) and
General Electric Company (NYSE:GE) --
as well as a number of financial firms are preparing to take their spots on the earnings stage. Meanwhile, on the economic front, a number of updates on the housing market could garner some attention.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
Monday, 1/18
Markets will be closed in observance of Martin Luther King, Jr. Day.
Tuesday, 1/19
Traders will return from the long weekend with the National Association of Home Builders' latest housing market index, as well as Treasury International Capital (TIC) data.
On the earnings front,
International Business Machines (IBM), UnitedHealth Group (UNH),
Netflix (NFLX),
Advanced Micro Devices (AMD), Bank of America (BAC), Charles Schwab (SCHW), Cree (CREE),
Delta Air Lines (DAL), and Morgan Stanley (MS) are all slated to report.
Wednesday, 1/20
The consumer price index and housing starts will greet the Street. Goldman Sachs Group (GS), Brinker International (EAT), and
F5 Networks (FFIV) will step up to the earnings plate. Elsewhere on the corporate front, CarMax (KMX) will host its annual analyst day.
Thursday, 1/21
Weekly jobless claims and the Philadelphia Fed's manufacturing survey will be released. The Street will also get a peak at the holiday-delayed crude inventories update.
The earnings calendar is chock full, with reports from
American Express (AXP), Travelers (TRV), Verizon (VZ),
Starbucks (SBUX), Alaska Air Group (ALK), Bank of New York Mellon (BK), E*TRADE Financial (ETFC), Fifth Third (FITB), Huntington Bancshares (HBAN),
Intuitive Surgical (ISRG), and Schlumberger (SLB) all due. Additionally, Avon Products (AVP) will host its annual investor day.
Friday, 1/22
Markit's flash purchasing managers' manufacturing index (PMI) and existing home sales will close out the week's economic calendar. General Electric (GE), Legg Mason (LM), and SunTrust Banks (STI) will tell all in the earnings confessional.