Find the best online trading platform. Check out our top 5 list!

Click Here

The week ahead for investors March 18, 2024

by 18. Mar 2024 @ 2:47News, The week ahead

Snapshot: The Upcoming Week’s Highlights

This week, all eyes are on the Federal Reserve as it announces its latest interest rate decision. With the deadline for Congress to avert a government shutdown approaching, and key earnings from tech to retail sectors—including Micron Technology and Nike—market participants will have plenty to watch.

 

Monday, March 18:

  • Homebuilder confidence for February.
  • Nvidia’s GTC keynote address by CEO Jensen Huang.
  • Science Applications International Corp. (SAIC) earnings.

Tuesday, March 19:

  • Housing starts and building permits for February.
  • HealthEquity Inc. (HQY) and Xpeng earnings.

Wednesday, March 20:

  • FOMC interest rate decision and Chair Jerome Powell’s press conference.
  • Earnings from Micron Technology, General Mills, and others.

Thursday, March 21:

  • Jobless claims, Philly Fed survey, S&P PMIs, leading economic indicators, and existing home sales for February.
  • Earnings from Accenture, Nike, FedEx, and Lululemon Athletica.

Friday, March 22:

  • Deadline for spending bill to avoid a partial federal government shutdown.

Deeper Insight

Interest Rate Decision, Powell Comments Amid Inflation Concerns

With the Federal Reserve’s interest rate decision looming, market observers are keenly awaiting Chair Jerome Powell’s insights, especially after recent higher inflation readings. The anticipation builds against the backdrop of a potential government shutdown, putting additional pressure on the economic landscape.

 

Corporate Earnings Spotlight

This week’s earnings from Micron and Nike, among others, will offer a glimpse into various sectors’ health. Particularly, Micron’s collaboration with Nvidia and Nike’s performance amidst soft demand will be in focus, potentially setting the tone for market sentiment.

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.

Check it out

Market Status

Stocks and Crypto by TradingView

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.

Visit eToro

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