Today's Stock Market News & Events: 3/21/2022

Today's market-moving economic data and earnings schedule

Mar 21, 2022 at 6:29 AM

Wall Street will be relatively muted this week, giving investors plenty of time to digest the Federal Reserve's latest interest rate decision. Both the Markit manufacturing and services purchasing managers' indexes (PMI) are due out Thursday, offering additional insight into the state of inflation in the U.S., while new home sales data and the pending home sales index will be economic indicators to watch as well.

A few big names will highlight a mostly quiet week for earnings. These include Nike (NKE), Adobe (ADBE), Carnival (CCL), Cintas (CTAS), Darden Restaurants (DRI), General Mills (GIS), KB Home (KBH), RH (RH), NIO (NIO), and Tencent Music Entertainment (TME).

The Chicago Fed national activity index will be due out today.

The following public company is slated to release corporate earnings today, March 21:

NIKE Inc. (NYSE:NKE -- $131.24) designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. NIKE will report its Q4 earnings of 2021 before the open today.

Tencent Music Entertainment Group (NYSE:TME -- $5.06) 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 2021 before the open today.

Looking ahead to tomorrow, no economic data is scheduled for release on Tuesday.

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

Follow @Schaeffers

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?