Apple, Visa, Microsoft, Exxon Mobil, Chipotle and Other Stocks Investors Should Watch This Week – Barron’s | Hot Mobile Press

It’s going to be a busy week on both the micro and macro fronts. Q2 earnings season kicks off with more than 150


S&P500

Firms report, including Big Tech. The Federal Reserve’s Monetary Policy Committee is due to announce a rate decision on Wednesday afternoon, and economists will take a look at a slew of new data.

Wednesday brings out results

meta platforms
,

Boeing
,

Qualcomm
,

Ford engine
,

T Mobile USA
,

Etsy
,

and

Spotify technology
.

Apple
,

Amazon.com
,

Pfizer
,

intel
,

MasterCard
,

and

Honeywell International

report back on thursday

Exxon Mobile
,

Procter & Gamble
,

and

rafters

close the week on Friday.

The Federal Open Market Committee meets Tuesday and Wednesday. The central bank will certainly raise its target rate – the question is whether that will be a 75 basis point hike or a 100 basis point hike.

Economic data due this week includes the S&P CoreLogic Case-Shiller National Home Price Index for May and the Conference Board Consumer Confidence Index for July, both on Tuesday. The Census Bureau will release its preliminary June durable goods report on Wednesday, then the Bureau of Economic Analysis will release its preliminary estimate for second-quarter 2022 gross domestic product on Thursday, and the BEA will release personal income and spending data for June on Friday.

Finally, the Federal Reserve’s preferred measure of inflation, the June Core Personal Consumption Expenditures Index, will be released on Friday. That is expected to be 4.8% higher than a year ago.

Monday 25.7

jacuzzi,

Vodafone group
,

range resources,

Newmont
,

NXP Semiconductors and Philips announce financial results.

Tuesday 26.7

visas,

UPS
,

Microsoft,

Kimberley Clark
,

Mondelez International
,

unilever
,

stryker,

3M
,

Chipotle Mexican Grill, Skechers,

Raytheon Technologies
,

PulteGroup
,

Moody’s
,

MC Donalds
,

General Motors
,

Coca-Cola, Alphabet and General Electric hold earnings talks.

The S&P CoreLogic Case-Shiller National Home Price Index for May is released. Home prices are expected to rise 21.1% year-on-year, compared to a 21.2% gain in April.

The Conference Board publishes its consumer confidence index for July. Economists are forecasting a reading of 97, down from June’s 98.7.

The Census Bureau announces new residential sales data for June. The consensus estimate is for a seasonally adjusted annual rate of 680k new units, up from 696k in May.

Wednesday 27.7

The Federal Open Market Committee announces its monetary policy decision. The central bank is expected to hike interest rates by 75 basis points.

meta platforms,

Bristol Myers Squibb
,

GSK, Boeing,

Teladoc health
,

Sherwin-Williams
,

Qualcomm,

person
,

ford engine,

original parts
,

CME group
,

General dynamics
,

Kraft Heinz
,

T-Mobile US, Etsy, Spotify Technology and

Danone

Report financial results.

The Census Bureau releases the preliminary commodities report for June. Economists are forecasting that new orders rose 0.3% mom, compared with a 0.81% rise in May.

Thursday, 28.7

Apple, Amazon.com,

Samsung electronics
,

Harley-Davidson
,

Volkswagen Group
,

Tilray Brands
,

vivendi
,

Altria group
,

Roku, Pfizer, Merck, Intel, Mastercard,

Southwest Airlines
,

Honeywell International, Shell and

Northrop Grumman

Report financial results.

The Economic Office Analysis publishes its preliminary estimate for the second quarter of 2022 gross domestic product. The forecast assumes a growth rate of 1.6%, after a decline of 1.6% in the first quarter.

Friday, 29.7

Weyerhauser
,

Philip 66
,

Exxon Mobil, Procter & Gamble, Colgate-Palmolive, Chevron,

AbbVie
,

and

Sony

discuss financial results.

The BEA reports personal income and expenditure data for June. Personal income is expected to rise 0.5% month-on-month, while spending will rise 1%. This compares to gains of 0.5% and 0.2% in May respectively.

The Federal Reserve reports the core price index for personal consumption for June. Consensus estimates expect the core PCE index to rise 4.8% year-on-year, compared to 4.7% in May.

write to Nicholas Jasinski at nicholas.jasinski@barrons.com

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