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Earnings Season Ramps Up With Blue Chips, Netflix Reporting

Fed Chair Janet Yellen will take the podium on Friday, Oct. 20

Oct 12, 2017 at 1:00 PM
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A handful of Federal Reserve officials will step up to the podium again this week. Fed Chair Janet Yellen's Friday speech will likely draw the biggest crowd, and Vice Chairman Stanley Fischer will take the mic on Wednesday. Plus, third-quarter earnings season kicks into high gear with several notable names set to report, including Dow components American Express Company (NYSE:AXP), General Electric Company (NYSE:GE), Procter & Gamble Co (NYSE:PG), and Verizon Communications (NYSE:VZ), as well as FAANG stock Netflix, Inc. (NASDAQ:NFLX), to name a few.

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 kicks off on Monday, Oct. 16, with the Empire State manufacturing survey. Netflix, Charles Schwab (SCHW), IDEX Corp (IEX), Omnicom (OMC), and Sonic (SONC) will report earnings.

On Tuesday, Oct. 17, will bring the release of monthly industrial production data, import and export prices, the NAHB housing market index, and the Treasury International Capital (TIC) data.

Goldman Sachs
(GS), IBM (IBM), Johnson & Johnson (JNJ), UnitedHeatlh (UNH), Comerica (CMA), Cree (CREE), Harley-Davidson (HOG), Morgan Stanley (MS), Navient (NAVI), Progressive (PGR) and Select Comfort (SCSS) will step up to the earnings plate.

In addition to Fischer's speech on Wednesday, Oct. 18, traders will hear from New York Fed President William Dudley and Dallas Fed President Robert Kaplan before the open. Reports on housing starts, the weekly crude inventories update, and the Fed's Beige Book will also hit the Street.

American Express, American Airlines (AAL), Alcoa (AA), Dunkin Brands (DNKN), eBay (EBAY), Skechers (SKX), Steel Dynamics (STLD), United Continental (UAL), United Rentals (URI), and U.S. Bancorp (USB) are scheduled to release quarterly earnings.

Weekly jobless claims and the Philly Fed business outlook survey will be released on Thursday, Oct. 19.

Travelers Companies (TRV), Verizon, athenahealth (ATHN), BB&T (BBT), Blackstone (BX), Del Taco (TACO), E*TRADE (ETFC), Honeywell International (HON), KeyCorp (KEY), PayPal (PYPL), Philip Morris International (PM), Quest Diagnostics (DGX), WD-40 (WDFC), and Winnebago (WGO) will step into the earnings confessional.

Yellen's speech is scheduled for Friday, Oct. 20, along with data on existing homes sales. Investors will also hear from Cleveland Fed President Loretta Mester.

General Electric
, Procter & Gamble, Cleveland-Cliffs (CLF), Kansas City Southern (KSU), and SunTrust Banks (STI) will round out the week's earnings reports.  
 

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