Key Takeaways
Markets are closed Monday for the Martin Luther King Jr. Day federal holiday.Donald Trump is set to be inaugurated as the U.S. president on Monday.Earnings reports are scheduled from Netflix, American Express, United Airlines, and Verizon.Data on consumer sentiment, initial jobless claims, and existing home sales releases is also on tap.
Markets are closed Monday for the Martin Luther King Jr. Day federal holiday. Donald Trump is set to be inaugurated as the U.S. president on the same day.
Investors are watching for corporate earnings reports, with Netflix (NFLX), United Airlines (UAL), Johnson & Johnson (JNJ), American Express (AXP), and Verizon Communications (VZ) among the companies expected to release quarterly financial updates this week.
Economists will get data on consumer sentiment, existing home sales, and initial jobless claims. Federal Reserve officials will be prohibited from making public comments as part of the blackout period ahead of next week’s meeting.
Monday, Jan. 20
Markets, federal government closed for the Martin Luther King Jr. holidayDonald Trump presidential inauguration
Tuesday, Jan. 21
Netflix, 3M (MMM), Charles Schwab (SCHW), Capital One (COF), United Airlines, D.R. Horton (DHI), Fifth Third Bancorp (FITB), and Interactive Brokers Group (IBKR) are expected to report earnings
Wednesday, Jan. 22
U.S. leading economic indicators (December)
Procter & Gamble (PG), Johnson & Johnson, Abbott Laboratories (ABT), GE Vernova (GEV), Travelers Cos. (TRV), and Discover Financial Services (DFS) are expected to report earnings
Thursday, Jan. 23
Initial jobless claims (Week ending Jan. 18)
GE Aerospace (GE), Texas Instruments (TXN), Union Pacific (UNP), Elevance Health (ELV), and CSX (CSX) are expected to report earnings
Friday, Jan. 24
Existing home sales (December)
Consumer sentiment (January)
S&P flash U.S. PMI (January)
American Express, Verizon Communications, NextEra Energy (NEE), and HCA Healthcare (HCA) are expected to report earnings
Donald Trump Inauguration, King Holiday Highlight Economic Calendar
Monday is a holiday for investors as stock and bond markets, along with banks and the federal government, will be closed for the Martin Luther King Jr. Day holiday.
Monday still will be noteworthy with the scheduled inauguration of Donald Trump as U.S. president. Trump has said he would implement some policies on his first day in office, including potential tariff and immigration changes that could affect business and investor sentiment.
There were few major economic releases this week, although Federal Reserve officials likely will be following January consumer sentiment data on Friday—including the closely watched inflation expectations. Other economic data this week includes initial jobless claims on Thursday and existing home sales on Friday. Fed officials will be in the blackout period that prohibits them from making public comments ahead of next week