The week ahead for investors February 19, 2024

by 19. Feb 2024 @ 4:42News, The week ahead

Snapshot: The Upcoming Week’s Highlights

This week, U.S. financial markets are closed Monday for Presidents Day. Notable companies like Nvidia, Walmart, and Home Depot are reporting earnings, while the Federal Reserve releases minutes from its latest meeting. Also, keep an eye on Intel’s first annual conference for its foundry business.

 

Key Takeaways

  • U.S. markets closed on Monday in observance of Presidents Day.
  • Major earnings reports this week from Nvidia, Walmart, Home Depot, Palo Alto Networks, and others.
  • Intel to launch its first annual conference for its growing foundry business.
  • The Federal Reserve to release minutes from January’s policy meeting, offering insights on interest rates.

Week at a Glance: Key Events

 

Monday, February 19

  • U.S. markets closed in observance of Presidents Day.

Tuesday, February 20

  • Earnings reports from Walmart, Home Depot, and Palo Alto Networks.
  • January’s U.S. leading economic indicators to be released.

Wednesday, February 21

  • Nvidia, Suncor Energy, Exelon, Rivian Automotive, and Marathon Oil earnings.
  • Intel’s foundry business conference.
  • FOMC January meeting minutes.

Thursday, February 22

  • Intuit and Booking Holdings earnings.
  • Jobless claims for the week ending February 17.
  • Flash services and manufacturing PMI for February.
  • January existing home sales.
  • Department of Education meetings on student loan repayment rules.
  • Remarks by Philadelphia Fed President Patrick Harker and Minneapolis Fed President Neel Kashkari.

Friday, February 23

  • Warner Bros Discovery earnings report.

Deeper Insight

Market Implications

This week, the focus will be on the implications of the Federal Reserve’s policy directions, insights from major earnings reports, and significant economic data releases. The FOMC minutes and Fed officials’ comments will provide crucial clues about future rate adjustments. The earnings reports from tech giants like Nvidia and key retailers like Walmart will offer valuable perspectives on different sectors of the economy. Additionally, the Department of Education’s discussions on student loan repayments could signal changes impacting millions of borrowers.

Want to compare brokerages? Best place to buy stocks Forex, Commodities, Indices

Top 5 List

Find the best online trading platform in our top 5 ranking list.

Market Status

Interested in getting started with investments?
eToro is one of the most famous online trading platforms with over 25 million users, and is ranked at the top of our top 5 stock exchange list. A lot of extra functionality and innovative tools were decisive for them being ranked at the top.

#1Recommended

eToro is the winner in our trading platform test

Benefits

Registered with several Financial Supervisory Authorities.

Low fees.

✔ Is currently the most user-friendly platform in the market. You can open an account and make your first trade in minutes.

✔ Safe and popular exchange with over 25 million registered users.

✔ Offers trading in a wide variety of assets; Stocs, Currencies, Crypto, Commodities, ETFs and indices.

Cons

Inactivity fee of USD 10 if you do not log in within 12 months.

Only ticket support, no phone support.

Risk warning: {etoroCFDrisk}% of non-professional CFD accounts lose money.

;

See complete ranking list here: Top 3 Online Trading Platforms

Risk Warning:

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Related Articles

Laget for å bli lest på 20 sekunder eller mindre