Pre-market futures are slightly down after the Dow closed over 50K for the first time. Nasdaq is the only index trading lower from the start of the year. Many high-profile companies like Coca-Cola, Shopify, and McDonald’s are reporting Q4 earnings this week. ClevelandCliffs and Sally Beauty reported mixed results ahead of the open today.
An important week for economic news with the U.S. BLS Employment Situation report and Consumer Price Index for January coming up. Global semiconductor manufacturing is projected to grow significantly. A company specializing in semiconductors is positioned for growth in AI, Machine Learning, and IoT. Ford, Coca-Cola, Cisco, NVIDIA, and others are also in focus this week.
Read more at Nasdaq: Big Week for Economic News, Q4 Earnings Reports
