U.S. Economic Data and Big Tech Earnings Dominate This Week's Calendar
This week features ADP employment data, jobless claims, PMI and new home sales, plus earnings from Tesla, Alphabet, Intel and others as earnings season intensifies.
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A busy week ahead with key U.S. macroeconomic releases and major corporate earnings.
Economic highlights:
- Tuesday: ADP Employment Change data
- Thursday: Initial Jobless Claims
- Friday: July S&P Global Manufacturing PMI and New Home Sales data
Earnings reports:
- Wednesday: Tesla ($TSLA) and Alphabet ($GOOGL)
- Thursday: Intel ($INTC)
Earnings season is officially in full swing, with these reports likely to set the tone for market sentiment.
Source: The Kobeissi Letter