March 12, 2018 The Week Ahead
The markets bounced back on Friday, following a better than expected monthly jobs report and potential peace talks with North Korea underway. Despite negative reactions to Trump’s steel tariff plans, it appears to exempt Canada and Mexico.
Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +4.32%, SPDR S&P 500 ETF (SPY) +3.64%, SPDR Dow Jones Industrial Average ETF (DIA) +3.35%, iShares Russell 2000 ETF (IWM) +4.31%
With the U.S adding 313,000 jobs in February, it helped ease some concerns investors have had about inflation. The VIX continues to decline, now below 15, closing at 14.64 on Friday.
Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.81%, iShares 20+ Year Treasury Bond (TLT) -0.37%, SPDR Gold Shares (GLD) +0.12%
Economic Releases:
13 March 2018- Consumer Price Index 8:30 AM ET
14 March 2018- PPI 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
15 March 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET
16 March 2018- Housing Starts 8:30 AM ET; Industrial Production 9:15 AM ET
Key Earnings:
12 March 2018- COUP, GDS, SFIX, VNET
13 March 2018- DKS, HDS
14 March 2018- EXPR, PGR, SIG, VRA, CTRP, DDD, RUBI, SMRT, TACO, SMTC, TLRD
15 March 2018- DG, ADBE, AVGO, JBL, KEYW, MRAM, ULTA
16 March 2018- TIF
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