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Key Takeaways
- Markets are closed Monday for the Presidents Day vacation.
- Earnings studies are scheduled for retail big Walmart, together with U.S.-traded Chinese language e-commerce corporations Alibaba and Baidu, on-line used-auto retailer Carvana, and EV maker Rivian.
- Federal Reserve assembly minutes, Fed representatives scheduled to talk, housing and manufacturing knowledge, and client sentiment are additionally on this week’s calendar.
Inventory and bond markets are closed Monday for the Presidents Day vacation.
Walmart (WMT) earnings are anticipated to spotlight the week. U.S.-traded Chinese language e-commerce corporations Alibaba (BABA) and Baidu (BIDU) are additionally scheduled to report, in addition to on-line used-auto retailer Carvana (CVNA) and electrical automobile maker Rivian Automotive (RIVN).
Traders are anticipating minutes from the January Federal Open Market Committee (FOMC) assembly, whereas the Federal Reserve speaker schedule this week contains Philadelphia Fed President Patrick Harker and San Francisco Fed President Mary Daly.
A number of housing indicators are additionally anticipated this week, together with manufacturing sector and client sentiment knowledge.
Monday, Feb. 17
- Inventory and bond markets closed for Presidents Day vacation
- Philadelphia Fed President Harker is scheduled to ship remarks
- UFP Industries (UFPI) scheduled to report earnings
Tuesday, Feb. 18
- Empire State Manufacturing survey (February)
- Homebuilder confidence index (February)
- San Francisco Fed President Mary Daly is scheduled to ship remarks
- Arista Networks (ANET), Medtronic (MDT), Cadence Design Programs (CDNS), Occidental Petroleum (OXY), and Baidu scheduled to report earnings
Wednesday, Feb. 19
- Housing begins/Constructing permits (January)
- Federal Open Market Committee (FOMC) January assembly minutes
- HSBC Holdings (HSBC), Analog Gadgets (ADI), Carvana, Manulife Monetary (MFC), and Garmin (GRMN) scheduled to report earnings
- Apple (AAPL) product launch scheduled
Thursday, Feb. 20
- Preliminary jobless claims (Week ending Feb. 15)
- Philadelphia Fed manufacturing survey (February)
- U.S. main financial indicators (January)
- Chicago Fed President Austan Goolsbee and St. Louis Fed President Alberto Musalem are scheduled to ship remarks
- Walmart, Alibaba, Southern Co. (SO), Block (XYZ), Rivian, and Stay Nation Leisure (LYV) scheduled to report earnings
Friday, Feb. 21
- S&P flash U.S. Buying Managers’ Index (PMI) (February)
- Client sentiment (closing) (February)
- Current residence gross sales (January)
- United States Mobile (USM) scheduled to report earnings
Vacation-Shortened Week Options FOMC Minutes, Fed Representatives’ Remarks, Housing Information
Inventory and bond markets are closed on Monday for the Presidents Day vacation.
Wednesday’s launch of Federal Reserve assembly minutes for January will present the deliberations behind the central financial institution’s resolution to maintain rates of interest unchanged, offering potential perception into charge paths sooner or later.
Following Fed Chair Jerome Powell’s testimony to Congress final week, a number of different Fed officers are slated to ship remarks this week, together with Philadelphia Fed President Patrick Harker, San Francisco Fed President Mary Daly, Chicago Fed President Austan Goolsbee, and St. Louis Fed President Alberto Musalem.
A number of items of housing market knowledge are anticipated, together with January knowledge on current residence gross sales, which hit a 30-year low in late 2024. The homebuilder confidence survey on Tuesday comes because the residential building business has signaled enthusiasm about business in 2025. Housing starts knowledge scheduled for launch Wednesday will present perception into the tempo of residential building.
The scheduled launch of the ultimate February survey on client sentiment comes as inflation worries weighed on the survey’s preliminary results earlier this month.
Traders are additionally anticipating regional manufacturing surveys, preliminary Buying Managers’ Index outcomes for February, and weekly jobless claims knowledge.
Walmart, Chinese language E-Commerce Corporations Spotlight Company Calendar This Week
Walmart is scheduled to report earnings on Thursday because the retail big appears to be like to keep up its momentum after its prior quarterly report beat analyst estimates for each income and earnings. The corporate’s robust efficiency got here as e-commerce income rose by 27% and promoting income was up 28%. The report comes as competitor Amazon (AMZN) lately delivered a softer-than-expected sales forecast.
U.S.-traded Chinese language e-commerce big Alibaba is scheduled to problem its quarterly monetary outcomes, which comes as the corporate is reportedly teaming up with Apple to develop Apple Intelligence options for iPhones in China. The corporate reported better-than-expected profit for the prior quarter, however its gross sales outcomes got here up quick. U.S.-traded Chinese language web search agency Baidu is anticipated to report on Tuesday.
HSBC Holdings’ scheduled report on Wednesday comes because the British financial institution reported 5% growth in revenue and follows its announcement that it might conduct one other $3 billion stock buyback.
Arista Networks is anticipated to report on Tuesday, after the cloud community supplier posted better-than-expected earnings within the prior quarter however confirmed a decline in gross margins.
The anticipated report from digital design automation agency Cadence Design Programs comes after it raised its full-year earnings outlook as income rose by 19% within the prior quarter. Semiconductor maker Analog Gadgets can be on the company earnings calendar this week.
On-line used-car vendor Carvana is scheduled to problem its quarterly earnings, which come as short-seller Hindenburg Analysis called the company’s 2024 turnaround a “mirage” because of its sale of subprime loans to unidentified third events. EV maker Rivian is about to report on Thursday.