Start the week with producer price index for final demand is expected to rise 0.2% following a decline of 0.1%.
On Thursday labour department is expected to report consumer price index which likely rose 0.2% in September after only raising an inch (0.1%) in august.
Retail sales data is expected on Friday. Increase is expected at 0.9% in august after rising 0.6% in July.
United health on Friday
Banks on Friday –
JPM expected to see a 24% drop in net profit on the quarter from a year ago. Big hit in investment banking
Wells Fargo on Friday expected to see a drop in third quarter profits. Listen for comments on reserves for loan losses. This would also be interesting to hear mortgage demand.
Pepsi is expecting a rise in revenue. Look for comments on supply chain and price hikes. Also I’m sure they will pump their tires about the Tesla semi truck order.
Delta airlines is expected to post highest quarterly profit since the start of the pandemic.
Dominos is expected to show a rise in quarterly revenue. Look for issues on staffing, supply chain and consumer spending.
Meta on Tuesday will host its annual connect event to showcase augmented and virtual reality offerings. Possible release of new headset -Project Cambria-.
Alphabet on Tuesday host event on google cloud.
Leave a Reply