MMR

Today's Stock Market News & Events: 3/22/2021

Today's market-moving economic data and earnings schedule

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This week will be jam packed with economic indicators set to be released, including new and existing home sales, data on goods orders, the Markit manufacturing Purchasing Managers Index (PMI), and of course, another round of weekly jobless claims. Inflation data on Friday will also be closely watched, as interest rates and inflation continue to have a strong sway over market movement. On the earnings front, things will be quiet, though several reports will trickle out from Adobe (ADBE), Carnival (CCL), GameStop (GME), Jefferies (JEF), KB Home (KBH), and Tencent Music (TME). 

To kick off the week, existing home sales are due out today.

The following companies are slated to release quarterly earnings report today, March 22:

SYNNEX Corp. (NYSE:SNX -- $103.20) provides business process services. SYNNEX will report its Q1 earnings of 2021 after the market closes today.

Tencent Music Entertainment Group (NYSE:TME -- $30.42) operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. Tencent Music will report its Q4 earnings of 2020 after the market closes today.

Looking ahead to tomorrow, Tuesday will bring new home sales. All economic dates listed here are tentative and subject to change.

 

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