To begin their trading day, investors should be aware of the following key news items:
1. Robotics and rates
There aren’t many weeks as important as the one coming up for the primary variables influencing equities. The Federal Reserve, which has so far been successful in containing inflation without causing the US economy to enter a recession, will announce its next interest rate decision on Wednesday.
2. Week of Technology
With almost one-fifth of the S&P 500 and Dow Jones Industrial Average expected to report, this week will be the busiest of earnings season. A significant percentage of the stock market’s recent performance has been attributed to the tech companies that are releasing results; these companies comprise a small number of the biggest U.S. companies by market capitalization.
3. Abrasive wind
Analysts continue to question Boeing’s 737 Max programme when the company releases its earnings. The 737 Max 9 plane’s panel burst off on an Alaska Airlines flight earlier this month, resulting in a more than 20% decline in the company’s stock this year.
4. Ahead is a revenue cliff
It might take cunning for several large pharmaceutical companies—two of which are scheduled to release their earnings this week—to remain competitive in the coming years. The “patent cliff,” which occurs when companies lose exclusive rights to a medicine and rivals can launch substitutes, frequently at a lower cost, is expected to cause many best-selling medications to disappear.
5. The Times of the Kansas City Chiefs
There will be another Super Bowl. On February 11 in Las Vegas, Super Bowl LVIII between the Kansas City Chiefs and the San Francisco 49ers will take place. With a victory against the 49ers in 2020 and a victory over the top-seeded Baltimore Ravens, led by league MVP candidate Lamar Jackson, the Chiefs will make their fourth Super Bowl appearance in five years.
Source (CNBC)
