Today's Stock Market News & Events: 3/11/2022

Today's market-moving economic data and earnings schedule

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Today investors will wrap up the week with the University of Michigan consumer sentiment index, and five-year inflation expectations. 

The following public company is slated to release corporate earnings today, March 11:

Genius Sports Ltd. (NYSE:GENI -- $4.94) develops and sells technology-led products and services to the sports, sports betting, and sports media industries. Genius Sports will report its Q4 earnings of 2021 before the open today.

PLx Pharma Inc. (NASDAQ:PLXP -- $4.38) focuses on developing the PLxGuard drug delivery system to provide various products in the United States. PLx Pharma will report its Q4 earnings of 2021 before the open today.

Ballard Power Systems Inc. (NASDAQ:BLDP -- $11.56) engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products primarily in Canada. Ballard Power will report its Q4 earnings of 2021 after the close today.

Looking ahead to next week, the third week of March will be packed with economic activity that could give investors some insights into the future of the economy amid the Ukraine-Russia crisis. The producer price index (PPI) will be out early in the week, while retail sales, the import price index, and the industrial production index will be due out as well. Also highlighting the week is the Federal funds rate update, in which the Federal Open Market Committee (FOMC) is expected to hike the rate by 25-basis points. 

It will be a quiet week for earnings, giving investors a break from the earnings season deluge. Cintas (CTAS), Dollar General (DG), FedEx (FDX), GameStop (GME), Lennar (LEN), Signet Jewelers (SIG), and Williams-Sonoma (WSM) are a few names that will trickle into the confessional.

All economic dates listed here are tentative and subject to change.

 

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