Oil Drops While Other Inflation Pressures Look to Accelerate: 8 Key Items Shaping the Stock Market Monday
Marvell and Lumentum ink a deal, Google and Amazon address capex funding concerns and other headlines moving the market this morning.
Manufacturing PMIs and Apple Earnings Kick Off a Packed Week
In US economic data, Monday brings us October ISM manufacturing and the final S&P Global manufacturing PMI. September reports are construction spending.
In terms of the Fed, Chicago Fed President Goolsbee (non-voter) moderates a discussion at 11:15am ET, and the Fed releases its Senior Loan Officer Opinion Survey at 2pm ET.
There are no Non-Bill (>1yr in maturity) US Treasury auctions this week, but we’ll get the Treasury’s borrowing amounts for the fourth quarter today.
19 S&P 500 components report, five of them with market caps over $100B:
Before the open: Marriott ($MAR), Entergy ($ETR), Idexx Laboratories ($IDXX), Estée Lauder ($EL), Public Service Enterprise Group ($PEG), Fox ($FOXA) and Loews ($L)
After the close: Apple ($AAPL), Palantir ($PLTR), Vertex Pharmaceuticals ($VRTX), Williams ($WMB), Diamondback Energy ($FANG), Realty Income ($O), ON Semiconductor ($ON), SBA Communications ($SBAC), UDR ($UDR), Healthpeak Properties ($DOC) and Clorox ($CLX)
Time not announced: Progressive ($PGR)
