FYI: Stocks will try in the week ahead to break the all-time highs set earlier in the year as a slew of S&P 500 companies get set to report.
The S&P 500 and Dow Jones Industrial Average are both around 1% below their all-time highs while the Nasdaq Composite is about 2% away from its record. The indexes got a lift this after a big chunk of this week’s reporters posted better-than-expected results. They were also boosted by improving sentiment around Brexit and U.S.-China trade negotiations.
The all-time highs could be tested as about 120 S&P 500 companies, or around 24%, are scheduled to release their quarterly results in the week ahead. Some of those companies include Caterpillar and Boeing, both of which are expected to report Wednesday before the bell. Amazon, Intel, McDonald’s and Chipotle Mexican Grill are also on deck for the week.
Regards,
Ted
https://www.cnbc.com/2019/10/19/stocks-go-for-all-time-highs-next-week-as-the-earnings-season-continues.htmlEconomic Calendars:
https://www.briefing.com/calendars/economic?Filter=Week2