Wall Street week ahead: monthly jobs report, McDonald’s and SpaceX earnings
Summary
This week, Wall Street focuses on earnings reports from major U.S. companies like McDonald’s, SpaceX, and Marriott International. Investors are also watching key U.S. jobs data, including the monthly employment report for July, to understand the economy and inflation.Key Facts
- Clorox and Marriott International will report earnings on Monday.
- SpaceX will release its earnings on Tuesday; its stock has seen big ups and downs since going public in June.
- McDonald’s earnings report is also due on Tuesday.
- Expedia Group will report earnings on Wednesday.
- More than half of S&P 500 companies have reported strong profit growth this year.
- The U.S. will release job openings data for June on Tuesday.
- The monthly U.S. employment report for July will come out on Friday, a key economic indicator.
- Job growth is slowing, which concerns investors and the Federal Reserve, especially as they consider interest rate changes.
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