🚨🚨Key Events to Watch This Week🚨🚨
👉 A headline international event is the meeting between U.S. President Trump and Chinese President Xi on October 30, amid ongoing trade tensions. This high-profile summit holds potential implications for U.S.-China trade relations and global markets.
👉 The Federal Reserve’s two-day policy meeting concludes midweek, with investors eagerly awaiting the interest rate decision and Chair Jerome Powell’s press conference amid inflation, QT and labor market dynamics.
👉 Additionally, earnings season continues with major tech and industrial companies reporting throughout the week:
Monday features companies like Keurig Dr Pepper ($KDP), NXP Semiconductors ($NXPI), Avis Budget Group ($CAR), and Waste Management ($WM).
Tuesday includes PayPal ($PYPL), Visa ($V), UnitedHealth ($UNH), UPS ($UPS), and Enphase Energy ($ENPH).
Wednesday is a big day with Microsoft ($MSFT), Alphabet ($GOOGL), Meta Platforms ($META), Boeing ($BA), Caterpillar ($CAT), Verizon ($VZ), CVS Health ($CVS), Starbucks ($SBUX), and Chipotle Mexican Grill ($CMG) all reporting. Meta's earnings are expected to show strength driven by AI and digital ads, while Starbucks' stock faces downside risk if earnings disappoint.
Thursday brings earnings from Apple ($AAPL), Amazon ($AMZN), Coinbase ($COIN), Eli Lilly ($LLY), Merck ($MRK), and others.
Friday concludes with reports from Exxon Mobil ($XOM), Chevron ($CVX), AbbVie ($ABBV), and Colgate-Palmolive ($CL).