Monday Market Must-Knows: January 22, 2024

In the upcoming trading week, the market notes highlight NASDAQ and S&P breaking all-time highs, while attention is on the Dow Jones to follow suit. The Russell lags behind, and there's optimism in blue sky territory after breaking through all-time highs. Economic data becomes crucial, with 442 companies reporting earnings, including United Airlines, Logitech, Netflix, GE, Verizon, Tesla, IBM, and more. Airline stocks, particularly affected by Spirit Airlines' recent downturn, are closely watched.

 

Central banks play a role globally, with Bank of Japan, Bank of Canada, and European Central Bank expected to maintain current rates. For Forex traders, fluctuations are anticipated. Manufacturing and services data from France, Germany, EU, England, and the US on Monday offer insights into economic performance. Thursday's advanced GDP report is crucial, with expectations of a significant decline in GDP quarter over quarter, potentially impacting market volatility. Overall, the week promises a wealth of information and potential market movements.

 

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