Wall Street Week in advance Einsmark News

After a massacre on Wall Street and across the global stock markets in the last two trading sessions, investors will have several important economic data in the coming week to analyze. The week is expected to be dominated by the fallout of President Donald Trump’s reciprocal rates on US trading partners. Investors fear that the Trump administration’s new rates will delay US and global economic growth and increase inflation. Market participants will carefully monitor the most important economic data such as the consumer price index report, producer price index data and the Federal Reserve notules of March meeting. The week ahead will also see the beginning of the earnings in the first quarter. Large US banks such as JPMorgan Chase, Wells Fargo and Morgan Stanley are expected to report quarterly results. Economic calendar on April 7 (Monday) will be released a report on consumer credit for February. On April 8 (Tuesday), data on the NFIB optimism index for March will be declared. On April 9 (Wednesday) Minutes of Federal Reserve’s March FOMC (Federal Open Market Committee) will be released. On April 10 (Thursday), data on the initial unemployed claims for the week ended April 5 and the Consumer Price Index (CPI) for March will be unveiled. On April 11 (Friday), separate reports on producer price index (PPI) for March and Consumer sentiment (for the time) will be released for April. Earnings to businesses will report the first quarter earnings in the coming week – Levi Strauss, Dave & Buster’s Entertainment, Tilray Brands, RPM International, Constellation Brands, BBB Foods, Carmax, JPMorgan Chase, Wells Fargo, Morgan Stanley, Blackrock and Unity Bancorp. Markets have been posting with additional tariffs over the past week. of 34% on US goods. The increasing trade war has spurred the largest market losses since the pandemic. The Dow Jones industrial average, S&P 500 and the Nasdaq compost, have placed their biggest two-day declines since the emerging Coronavirus caused global panic during Trump’s first term. In the bond market, the return on the 10-year treasury dropped to 4.01% from 4.06%.