PCE data, Big Tech earnings: What to Watch

October 25, 2024

A pivotal week lies ahead for markets as several Big Tech heavyweights prepare to release their third quarter earnings reports, including Alphabet (GOOG, GOOGL), Meta (META), Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and Intel (INTC). On the economic calendar, Thursday, October 31 brings the release of the Personal Consumption Expenditures (PCE) index, the Federal Reserve’s preferred measure of inflation. This crucial data point will provide investors with fresh insights into potential monetary policy decisions. The week ends with Friday’s Jobs Report, another critical economic indicator that could influence market sentiment and Fed policy outlook. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith