GS, AXP, and GE are among a number of Dow components scheduled to report earnings
Earnings season kicks off in earnest next week, when a number of big-cap financial names -- including
Goldman Sachs Group Inc (NYSE:GS) and Citigroup Inc (NYSE:C) -- are set to report. Additionally, GS will join several of its fellow Dow components in the earnings confessional, with
American Express Company (NYSE:AXP) and General Electric Company (NYSE:GE) among the many blue-chip names on the docket. And while speeches from a handful of Federal Reserve officials are likely to draw attention, it's the historical event in Washington D.C. that will hold Wall Street's gaze. Specifically, Donald Trump will be inaugurated as the 45th U.S. president on Friday, Jan. 20.
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.
Markets will be closed on
Monday, Jan. 16, in observance of Martin Luther King Jr. Day. Wall Street will return to action first thing on
Tuesday, Jan. 17, with the release of the Empire State manufacturing index and a speech from New York Fed President William Dudley both slated for before the opening bell, and a speech from San Francisco Fed President John C. Williams after the close. UnitedHealth Group Inc (UNH), CSX Corporation (CSX), Morgan Stanley (MS), and
United Continental (UAL) are scheduled to report earnings.
On
Wednesday, Jan. 18, the consumer price index, industrial production data, and the Fed's Beige Book are all due. Minneapolis Fed President Neel Kashkari will take the mic. On the earnings front, GS, C,
Netflix (NFLX), Charles Schwab (SCHW), Fastenal (FAST), TD Ameritrade (AMTD), and U.S. Bancorp (USB) are set to report.
The economic calendar heats up on
Thursday, Jan. 19, with the release of housing starts, weekly jobless claims, and the Philadelphia Fed business outlook survey. Additionally, the holiday-delayed weekly crude inventories report will hit the Street, while Williams is also due to speak. Stepping up to the earnings plate will be AXP, International Business Machines (IBM), Bank of New York Mellon (BK),
BB&T (BBT), KeyCorp (KEY), Skyworks Solutions (SWKS), and Union Pacific (UNP).
While the week concludes on
Friday, Jan. 20, with speeches from Williams and Philadelphia Fed President Patrick Harker, all eyes will likely be on Trump's inauguration. Dow component GE will cap a week heavy with blue-chip earnings. Also heading the earnings confessional will be
Kansas City Southern (KSU), Schlumberger (SLB), and SunTrust Banks (STI).
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