Earnings season slowly ramps up again next week, including the remaining big banks. Investors will also continue to parse CPI and PPI data ahead of the Fed's next meeting on January 30-31.
Monday, January 15
The market is closed for Martin Luther King Jr Day.
Tuesday, January 16
Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) kick off the shortened week with earnings, following the likes of Bank of America, JPMorgan Chase Wells Fargo and Citigroup on Friday. Investors will be hoping for better results than most of the big banks managed on Friday.
Others due to report:
Earnings: Interactive Brokers Group, Hancock Whitney, Calavo Growers
Economic announcements: Empire State Manufacturing Survey
Wednesday, January 17
Tech investors will be watching for Taiwan Semiconductor Manufacturing Co Ltd earnings, while finance traders will have their eyes on Discover Financial Services.
Others due to report:
Earnings: Kinder Morgan, Alcoa (NYSE:AA), HB Fuller, Wintrust Financial, Synovus Financial
Economic announcements: MBA Mortgage Applications, Import and Export Price Indices, Retail Sales, Retail Sales Less Autos, Capacity Utilisation, Industrial Production, Business Inventories
Thursday, January 18
SLB, the oilfield services company, is one of Thursday's major earnings headliners, along with JB Hunt Transport Services.
Others due to report:
Earnings: PPG Industries
Economic announcements: Building Permits, Continuing Claims, Housing Starts, Initial Jobless Claims, Philadelphia Fed Index, Crude Oil Inventories
Friday, January 19
The shortened week concludes on a similarly quiet note without any major earnings.
Others due to report:
Economic announcements: Consumer Sentiment, Existing Home Sales