Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision and jobs data

From LiveMint: 2024-04-28 12:46:49

– Wall Street awaits Federal Reserve’s interest rate decision and April jobs data. Fed expected to hold rates steady. Economic data and earnings reports from companies like Amazon and Apple also in focus.
– Key economic events this week include employment cost index, consumer confidence, ADP employment, ISM manufacturing data, and FOMC interest rate decision with Powell’s press conference. Trade deficit and factory orders data to follow.
– A long list of companies, including Amazon, Apple, Coca-Cola, and Pfizer, set to report earnings. US markets closed higher on Big Tech earnings with Dow, S&P 500, and Nasdaq all posting gains. Changes seen in currency exchange rates, Treasury yields, and oil and metal prices.



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