Preview -- Barron's

Dow Jones01-25 10:30

Monday 1/27

A crowded earnings calendar is headlined by Big Tech reporting midweek. AT&T announces quarterly results on Monday, followed by General Motors, Lockheed Martin, RTX, and Starbucks on Tuesday. ASML Holding, Meta Platforms, Microsoft, and Tesla release earnings on Wednesday, while Apple, Caterpillar, Mastercard, and Visa follow suit on Thursday. AbbVie, Chevron, Exxon Mobil, and Novartis close out the week on Friday.

Wednesday 1/29

The Federal Open Market Committee announces its monetary-policy decision. The FOMC is widely expected to keep the federal-funds rate unchanged at 4.25% to 4.5%. With the economy and labor market still resilient, and inflation stubbornly above the Federal Reserve's 2% target, the central bank is in wait-and-see mode as it assesses incoming economic data.

Friday 1/31

The Bureau of Economic Analysis releases the personal consumption expenditures price index for December. Economists forecast a 2.5% year-over-increase, one-tenth of a percentage point more than in November. The core PCE index, which excludes volatile food and energy prices, is expected to rise 2.8%, matching the November figure.

 

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(END) Dow Jones Newswires

January 24, 2025 21:30 ET (02:30 GMT)

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