Weekend Update & Market Outlook 4_21_24

Weekend Update & Market Outlook 4_21_24

April 21, 2024

I have found this market week summary on John Hancock's website to be one of the best summaries of the prior Market weeks activities so wanted to share it with everyone:

Upcoming Market Movers (April 22nd - 27th)

Here are some potential market moving events for the upcoming week:

Earnings Reports: Several major companies are expected to report earnings this week such as:

  • April 22nd: Apple Inc. (AAPL), Microsoft Corporation (MSFT), Alphabet Inc. (GOOGL)
  • April 23rd: Tesla, Inc. (TSLA),, Inc. (AMZN), Facebook, Inc. (FB)
  • April 24th: Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), Procter & Gamble Company (PG)

You can find a detailed list with specific dates on earnings websites like earnings whisper or Zacks

  • Economic Reports: There are also some key economic reports scheduled for release, such as:
    • Durable Goods Orders (Tuesday, April 23rd): This report measures the non-military capital goods produced by U.S. manufacturers. A strong reading could indicate increased business investment.
    • Consumer Confidence (Tuesday, April 23rd): This report gauges consumer sentiment about the economy. A higher confidence level could suggest increased consumer spending.
    • Gross Domestic Product (GDP) (Thursday, April 25th): This is the most comprehensive measure of U.S. economic activity. The GDP report will provide an update on economic growth in the first quarter of 2024.

These are just some of the potential market movers for the week. It's important to stay informed about upcoming events that could affect stock prices.