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Walmart and Alibaba earnings and inflation data: The market this week


Walmart and Alibaba earnings and inflation data: The market this week

Image for article titled: Walmart and Alibaba earnings and inflation data coming: What to watch in the market this week

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The Stock market experienced surprises And Rollercoaster rides last week. After massive sell-offs, it recovered quickly, Easing the debate about a possible recessionAll attention is therefore focused on the economic data expected this week, which will determine the course of interest rates.

Let us unfold it:

Key wins to keep an eye on

Investors will be watching closely next week as several major companies will report their quarterly results. On Tuesday, Home Depot (HD resolution) will release its earnings report and provide insights into the home improvement sector. On Wednesday, Cisco Systems (CSCO) will announce its earnings, providing insight into the performance of the technology industry.

Thursday is packed with reports from retail and technology giants: Walmart (WMT) will release its results before the market opens, followed by Alibaba (HEART) and H&R Block (HRB)both of which will release their results after the market closes. These reports will be crucial in assessing the health of various sectors and could significantly influence market movements.

Important US economic reports will be released this week

There are a number of important economic reports coming up this week that could influence market sentiment. On Monday, the US federal budget for the month will be released, which will provide insight into government spending and the fiscal situation.

On Tuesday, the Producer Price Index (PPI) and Core PPI, key indicators of inflation at the wholesale level, will be released. Midweek, on Wednesday, consumer prices will take center stage when the Consumer Price Index (CPI) and Core CPI, both of which are key in assessing inflation pressures, are released.

Thursday is packed with data, including initial jobless claims, U.S. retail sales, industrial production and the import price index, all of which provide a comprehensive overview of economic developments. The week ends on Friday with the release of preliminary consumer sentiment figures and the Home Builder Confidence Index, both of which provide insight into consumer and industry views on the economic outlook.

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