5 issues to know earlier than the inventory market opens Monday, July 25

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U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its goal rate of interest by three-quarters of a proportion level to stem a disruptive surge in inflation, throughout a information convention following a two-day assembly of the Federal Open Market Committee (FOMC) in Washington, June 15, 2022.

Elizabeth Frantz | Reuters

Listed here are an important information gadgets that traders want to start out their buying and selling day:

1. Large week forward

It’s going to be the biggest week so far of the present earnings season, with a few third of the S&P 500’s firms resulting from report. Buyers are additionally watching what the Fed will say throughout its assembly Tuesday and Wednesday. Markets expect one other 75-basis-point price hike from the central financial institution’s policymakers as inflation stays excessive, even whereas some observers suppose it could effectively have peaked. Listed here are among the key firms set to report quarterly outcomes this week:

  • Tuesday: McDonald’s, Coca-Cola, Basic Motors (earlier than the bell); Alphabet, Microsoft (after the bell)
  • Wednesday: Boeing (earlier than the bell); Ford, Meta, Qualcomm (after the bell)
  • Thursday: Comcast (earlier than the bell); Apple, Amazon (after the bell)
  • Friday: ExxonMobil, Chevron, Procter and Gamble (earlier than the bell)

2. Inventory futures rise

U.S. equities markets indicated a positive open Monday. Final week, the S&P 500, the Nasdaq and the Dow all completed within the inexperienced regardless of a tough Friday due largely to Snap‘s dismal earnings experiences. Buyers are on the lookout for a backside after the dire first half for shares, and earnings season, whereas it hasn’t been spectacular, has been adequate for traders. Thus far, about 70% of S&P 500 firms that reported earnings have topped analysts’ expectations, in line with FactSet.

3. GM at a crossroads

GM Chair and CEO Mary Barra addresses traders Oct. 6, 2021 on the GM Tech Middle in Warren, Michigan.

Picture by Steve Fecht for Basic Motors

4. Conflict and wheat

A photograph taken on July 15, 2022 exhibits a wheat discipline close to Mariupol in Donetsk area, amid the continued Russian navy motion in Ukraine.

Stringer | AFP | Getty Photographs

5. Vince McMahon bows out … type of

In an epic Friday information dump, Vince McMahon, the longtime head of World Wrestling Entertainment, introduced he would retire as CEO and chairman of the corporate he purchased from his father about 40 years in the past. He had already stepped away from the chief govt position weeks in the past, handing the duties to his daughter Stephanie McMahon on an interim foundation, because the WWE’s board probed hundreds of thousands of {dollars} in hush funds he reportedly paid a number of girls over sexual misconduct claims by the years. On Friday, he handed the reins to Stephanie McMahon, who additionally turned chairwoman, and WWE President Nick Khan, who’ll act as co-CEO. However even at age 76, McMahon remains to be the largest shareholder in WWE − a degree he made in asserting his retirement. Sports activities media consultants see WWE as an acquisition goal. Since McMahon is such a central a part of the wrestling firm’s model and content material, it might sign to potential suitors that his particular taste of showmanship will likely be a part of any bundle.

– CNBC’s Patti Domm, Peter Schacknow, Michael Wayland, Matt Clinch and Dan Mangan contributed to this report.

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