Job openings, inflation data, JPMorgan earnings and Blue Origin liftoff top week ahead

Job openings, inflation data, JPMorgan earnings and Blue Origin liftoff top week ahead

October 11, 2021 0 By administrator

The upcoming week will be jam-packed with economic data, bank earnings and another Blue Origin space milestone. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34746.25 -8.69 -0.03%
SP500 S&P 500 4391.34 -8.42 -0.19%
I:COMP NASDAQ COMPOSITE INDEX 14579.537317 -74.48 -0.51%

Stocks finished lower on Friday after the September jobs report missed Wall Street estimates. The U.S. economy added 194,000 jobs, well below the 500,000 expected by economists surveyed by Refinitiv. 

Oil will also be in focus as it briefly topped $80 per barrel on Friday.

Ticker Security Last Change Change %
USO UNITED STATES OIL FUND L.P. 55.47 +0.11 +0.20%

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days. 

Monday 10/11

It is Columbus Day and while the stock market will be open for normal trading hours, the bond market will be closed.

It will also be quiet for earnings and economic data, still, investors will hear from Federal Reserve Bank of Chicago President Charles Evans, who will deliver introductory remarks before the 2021 Lawrence R. Klein Award ceremony. 

Ticker Security Last Change Change %
T AT&T, INC. 26.77 -0.32 -1.18%
MCD MCDONALD’S CORP. 247.70 -0.62 -0.25%

Other notable events on Monday include the deadline for most AT&T management and all Deloitte employees to be fully vaccinated. McDonald’s is also expected to reopen its corporate offices on Monday after pushing back its reopening date from Sept. 7 to allow its workers to get vaccinated. 

Tuesday 10/12

The headline report on Tuesday will be the JOLTS report, the latest data on job openings, and the National Federation of Independent Business’ business optimism index. 

Earnings will ramp up on Tuesday with Fastenal before the market open and SMART Global Holdings after the bell.  

Ticker Security Last Change Change %
FAST FASTENAL CO. 52.72 0.00 0.00%
SGH SMART GLOBAL HOLDINGS 44.07 -0.64 -1.43%

In addition, G20 leaders will hold an extraordinary meeting on the situation in Afghanistan, the Tax Foundation and European Tax Policy Forum will hold a virtual conference on the implications of a global tax system, Food Lion will host open interviews at more than 1,100 stores and Lucid Motors will also hold a special DreamDrive event. 

Wednesday 10/13

Hump day will kickoff major earnings with BlackRock, JPMorgan Chase, First Republic Bank, and Delta Airlines on the docket for Wednesday. 

Ticker Security Last Change Change %
BLK BLACKROCK, INC. 844.40 +2.05 +0.24%
JPM JPMORGAN CHASE & CO. 170.22 +0.13 +0.08%
FRC FIRST REPUBLIC BANK (SAN FRANCISCO, CALIFORNIA) 204.03 +1.10 +0.54%
DAL DELTA AIR LINES, INC. 43.38 -0.30 -0.69%

As for economic data, investors will take in the consumer price index and Core CPI, the latest FOMC minutes and weekly mortgage applications. 

It is also a big day for…

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