Job openings, inflation data, JPMorgan earnings and Blue Origin liftoff top week aheadOctober 11, 2021
The upcoming week will be jam-packed with economic data, bank earnings and another Blue Origin space milestone.
|I:DJI||DOW JONES AVERAGES||34746.25||-8.69||-0.03%|
|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.
|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.
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.
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.
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.
|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.
Hump day will kickoff major earnings with BlackRock, JPMorgan Chase, First Republic Bank, and Delta Airlines on the docket for Wednesday.
|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…