The Week Ahead: Wall Street Braces For Fed Meeting, Apple Earnings

Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), and Facebook Inc (FB) are among the major tech companies slated to report earnings next week

Alex Eppstein
Jan 26, 2017 at 10:24 AM
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The upcoming week is packed with crucial economic data and earnings reports. Of particular interest is the Federal Open Market Committee (FOMC) policy meeting on Tuesday and Wednesday, as well as the all-important jobs report on Friday. A handful of Dow components will report earnings, too -- highlighted by Apple Inc. (NASDAQ:AAPL) -- while "FANG" stocks Amazon.com, Inc. (NASDAQ:AMZN) and Facebook Inc (NASDAQ:FB) will also tell all.

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.

The week starts on Monday, Jan. 30 with personal income and spending data, and the pending home sales index. Stepping up to the earnings plate is Booz Allen Hamilton (BAH).

The highly anticipated FOMC policy meeting kicks off on Tuesday, Jan. 31. Additionally, the docket features the employment cost index, the S&P CoreLogic Case-Shiller home price index, the Chicago purchasing managers index (PMI), and the Conference Board's consumer confidence survey. On the earnings front are AAPL, Exxon Mobil (XOM), Pfizer (PFE), Advanced Micro Devices (AMD), Aetna (AET), Aflac (AFL), Coach (COH), Electronic Arts (EA), Eli Lilly (LLY), Harley-Davidson (HOG), Illumina (ILMN), MasterCard (MA), Sprint (S), Thermo Fisher Scientific (TMO), Under Armour (UAA), United Parcel Service (UPS), United States Steel (X), Valero Energy (VLO), and Xerox (XRX).

Due out on Wednesday, Feb. 1 are auto sales, the ADP employment report, the Markit PMI manufacturing index, the Institute for Supply Management (ISM) manufacturing index, construction spending, and regularly scheduled crude inventories data. Plus, of course, the Fed's policy announcement will hit the Street at 2 p.m. ET. Reporting earnings will be Allstate (ALL), Altria (MO), Anthem (ANTM), Cirrus Logic (CRUS), Edwards Lifesciences (EW), FB, Legg Mason (LM), and Pitney Bowes (PBI).

On Thursday, Feb. 2, weekly jobless claims, as well as productivity and labor costs, will be released. Taking their turns on the earnings stage are Merck (MRK), Visa (V), athenahealth (ATHN), AMZN, AstraZeneca (AZN), Boston Scientific (BSX), CIGNA (CI), Chipotle (CMG), ConocoPhillips (COP), Cypress Semiconductor (CY), Deckers Outdoor (DECK), Delphi Automotive (DLPH), Estee Lauder (EL), FireEye (FEYE), GoPro (GPRO), International Paper (IP), Parker-Hannifin (PH), Philip Morris (PM), Ralph Lauren (RL), Sirius XM (SIRI), Sony (SNE), and Tableau Software (DATA).

Reports due out on Friday, Feb. 3 include the nonfarm payrolls report, factory orders, and the ISM services index. Separately, Chicago Fed President Charles Evans is due to speak. Closing out the earnings lineup will be Clorox (CLX), Hershey (HSY), Honda (HMC), LyondellBasell (LYB), Phillips 66 (PSX), and Weyerhaeuser (WY).

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