From Financial Modeling Prep: 2024-10-15 02:47:22

This week, the U.S. stock market will focus on retail sales data and key Q3 earnings reports, providing insights into the economy’s health and recovery trajectory amid ongoing challenges.

The retail sales report is crucial for understanding consumer spending trends, with strong numbers indicating economic growth and lower figures signaling weakening sentiment.

Earnings season continues with tech and retail companies reporting Q3 results, offering clues on how they’ve managed challenges like supply chain disruptions and inflation.

Investors will closely monitor the Dow Jones, Nasdaq, and S&P 500 indices, reacting to retail data, tech earnings, and overall market sentiment.

Strong retail figures and positive earnings could boost the market, while disappointing data may lead to corrections, especially in pressured sectors.



Read more at Financial Modeling Prep:: Dow Jones, Nasdaq, and S&P 500 Weekly Preview: Spotlight on Retail Sales & Q3 Earnings