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Today's Earnings Report Schedule: 09/17/2020

A quick rundown of major market news slated for today

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Yesterday, the Fed kept rates at near-zero, while suggesting that interest rates will likely stay around zero through the end of 2023. Stocks finished Wednesday's session mixed, with the Dow rising a modest 36 points. The next FOMC meeting is slated to take place on November 4 and 5.

Additionally, long-term U.S. Treasury yields came off their recent lows and rose as Fed Chairman Jerome Powell pledged to keep an "accommodative stance of monetary policy until these outcomes, including maximum employment, are achieved." The next FOMC meeting is slated to take place on November 4 and 5.

On Wednesday, the Dow Jones Industrial Average (DJI - 28,032.38) added 36.8 points, or 0.1%. Chevron Corp (NYSE: CVX -- $78.56) paced the list of winners yesterday, finishing the day 2.9% higher. Meanwhile, Apple Inc (NASDAQ: AAPL -- $112.13) landed at the bottom with a 2.9% drop.

Meanwhile, the S&P 500 Index (SPX - 3,385.49) fell 15.7 points, or 0.5% for the day on Wednesday. The Nasdaq Composite (IXIC - 11,050.47) lost 139.9 points, or 1.3% during yesterday's session. 

Lastly, the Cboe Volatility Index (VIX - 26.04) rose 0.5 point, or 1.8% on Wednesday.

Outside of the short list of earnings reports, traders are watching the Philadelphia Federal Reserve Manufacturing Index, as well as building permits and housing starts data today. And, of course, investors are watching for the weekly Jobless Claims which will be released 8:30 a.m. ET today.

While the list is short, we have gathered earnings reports slated for today before the bell:

  • Apogee Enterprises, Inc. (NASDAQ: APOG -- $20.73) is a developer of glass and metal products and services in the United States, Canada, and Brazil. APOG is currently down 10.4% year-to-date.

    - Apogee Enterprises will report its fiscal first-quarter earnings of 2021 before the bell today.

  • Cantel Medical Corp. (NYSE: CMD -- $49.10) is a provider of infection prevention and control products and services for the healthcare market.

    - Cantel Medical will report its fiscal third-quarter earnings before the bell today.


Meanwhile, ICYMI, here are some deep-dives into some major stocks in the news right now: 


Tomorrow is scheduled to be pretty quiet, with traders' attention shifting to consumer sentiment and inflation data. No earnings of note are on tap at this time. But don't hit snooze ahead of the weekend because slow days on the schedule somehow usually end up being packed with big news for stocks and sectors.
 
 

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