April 22, 2018 The Week Ahead
Stocks were steady during the week, as attention shifts from political headlines to corporate earnings.
Netflix impressed Wall Street with its latest earnings release, shares of the stock price gained more than 5% during the week and is now up more than 70% year-to-date.
Amazon, Facebook and Alphabet are reporting this week, as their results are sure to dictate where the Nasdaq goes next.
With several other important companies reporting this week, the focus gets put back on stocks.
Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +0.58%, SPDR S&P 500 ETF (SPY) +0.55%, SPDR Dow Jones Industrial Average ETF (DIA) +0.37%, iShares Russell 2000 ETF (IWM) +1.04
The VIX dropped during the week, closing at 16.90 on Friday.
Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.48%, iShares 20+ Year Treasury Bond (TLT) -2.02%, SPDR Gold Shares (GLD) -0.64%
Economic Releases:
23 April 2018- PMI Flash 9:40 AM ET, Existing Home Sales 10:00 AM ET
24 April 2018- Case-Schiller 9:00 AM ET, Consumer Confidence 10:00 AM ET, New Home Sales 10:00 AM ET
25 April 2018- EIA Petroleum Status Report 10:30 AM ET
26 April 2018- Durable Goods Orders 8:30 AM ET, International Trade 8:30 AM ET, Jobless Claims
27 April 2018- GDP 8:30 AM ET, Employment Cost Index 8:30 AM ET, Chicago PMI 9:45 AM ET, Consumer Sentiment 10:00 AM ET
Key Earnings:
23 April 2018- ALK, HAL, HAS, KMB, UBS, CDNS, GOOGL, SLM, WHR, ZION
24 April 2018- AMTD, BIIB, CAT, GLW, HBAN, HOG, KO, LMT, LLY, MMM, SHW, SNV, UTX, VZ, WAB, WFT, AMGN, CB, CREE, DLB, EW, ILMN, IRBT, SIX, SVU, TXN, TER, PKG, MKSI
25 April 2018- BA, BSX, CMCSA, DPS, ETR, GD, HES, IR, NDAQ, NOC, ROK, SIRI, TMO, TRVG, TWTR, VIAB, AFL, AMD, CAKE, CMG, DRE, EBAY, F, FB, FFIV, LM, NOW, ORLY, QCOM, T, V, VAR, XLNX
26 April 2018- AAL, ABBV, ALXN, APD, BAX, BEN, BMY, CME, COP, DB, DHI, DNKN, DPZ, GM, GNC, HLT, HSY, IP, ITW, LEA, LUV, MGM, OAK, OSK, PEP, TWX, TX, UNP, UPS, VLO, ZBH, AMZN, CY, DFS, DLR, EXPE, FLEX, HIG, INTC, HUBG, LEG, MAT, MSFT, NOV, PFG, SBUX, SYK, VRSN, WDC, X
27 April 2018- CHTR, CL, COG, CVX, E, IPG, LYB, PSX, XOM
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