FMP

FMP

Enter

Weekly Market Preview: Dow Jones, Nasdaq, and S&P 500

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Mika Baumeister

Overview of the Upcoming Week

This Thanksgiving week, U.S. markets are gearing up for a packed schedule with significant economic data releases, corporate earnings, and geopolitical developments. Investors are focusing on factors like consumer sentiment, inflation trends, and holiday season retail performance, which could influence market dynamics.

Key Factors to Watch

Economic Data

  1. Durable Goods Orders: Scheduled for release midweek, this metric is a critical indicator of consumer and business spending.
  2. FOMC Minutes: The Federal Reserve will release minutes from its last meeting, offering insights into future monetary policy and rate hike expectations.

Earnings Reports

The week features reports from major retail players, such as Dollar Tree and Burlington Stores, providing clues on consumer spending trends heading into the holiday season.

Geopolitical Developments

Ongoing geopolitical tensions, including Middle East developments and the Russia-Ukraine conflict, remain crucial for market sentiment.

Sectoral Impacts

  • Retail: Thanksgiving signals the start of the holiday shopping season, with Black Friday and Cyber Monday sales influencing retail stocks.
  • Technology: With year-end nearing, performance outlooks for tech giants could impact broader indices like the Nasdaq.

Financial Insights

For a detailed evaluation of market movers, the Market Biggest Gainers API can provide insights into stocks outperforming the market. Additionally, tools like Commodities are essential for understanding the impact of fluctuating energy and material prices on broader markets.

Conclusion

Thanksgiving week is set to bring a mix of economic, corporate, and geopolitical influences, keeping markets volatile and investors vigilant. Staying informed on these factors is key to navigating the final trading sessions of November.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title

May 27, 2024 3:30 PM - Rajnish Katharotiya

The best 5 GPU stocks other than NVDA

In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep