August 6, 2017 The Week Ahead
It was another strong week for the stock market as both the S&P 500 and Dow Jones Industrials posted gains. Job growth came stronger than expected and unemployment hit a 16 year low at 4.3%.
Earnings thus far have been mixed, but results from Apple were strong as shares of the stock gained 4.6% on the week.
Earnings coming out for the week include: Disney, Nvidia, and retailers like Macy’s and Nordstrom.
Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.20%, iShares Russell 2000 (IWM) -1.23%, SPDR Dow Jones Industrials Average ETF (DIA) +1.17%, and PowerShares QQQ ETF (QQQ) -0.13%
Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -0.39%, iShares 20+ Year Treasury Bond (TLT) +0.84%, SPDR Gold Shares (GLD) -0.86%.
Below you’ll find what is else is on the schedule for the week:
Economic Releases:
9 August 2017- EIA Petroleum Status Report 10:30 AM ET
10 August 2017- Jobless Claims 8:30 AM ET, PPI 8:30 AM ET
11 August 2017- Consumer Price Index 8:30 AM ET
Key Earnings:
7 August 2017- BAH, GOGO, CAR, LC, LQ, MAR, MTW, THC, TWLO
8 August 2017- CABO, CVS, DF, ENDP, EXPD, IEP, KORS, LAMR, LNG, MNK, QVCA, RL, SEAS, SEE, TDG, TIME, VRX, ZBRA, ZTS, BUFF, CYBR, DIS, DXC, GDDY, HTZ, MSNT, MYGN, NUAN, PCLN, TRIP, TSO, XEC, ZG
9 August 2017- CROX, IPXL LITE, MYL, WB, WEN, FLO, FOXA,
10 August 2017- KSS, M, PRGO, JWN, NVDA, NWSA, SNAP, PCTY, TTD
11 August 2017- JCP
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