FOX Business host gives advice to investors on “Making Money”.
Investors are gearing up for another busy week as market volatility persists due to rising inflation and the ongoing Russian-Ukrainian conflict.
The Dow Jones Industrial Average fell 230 points or 0.7% on Friday, while the S&P 500 shed 1.3% and the Nasdaq Composite shed 2.9%. All three major indices retreated over the week, sending the Dow down for the fifth week in a row.
| Ticker | Security | past | Change | Change % |
|---|---|---|---|---|
| Me: DJI | DOW JONES AVERAGES | 32944.19 | -229.88 | -0.69% |
| SP500 | S&P 500 | 4204.31 | -55.21 | -1.30% |
| Me: COMP | COMPOSITE INDEX NASDAQ | 12843.808072 | -286.15 | -2.18% |
FOX Business is reviewing upcoming events that are likely to affect the financial markets in the coming days.
Monday, March 14
Start of the week or earnings will be Vail Resorts after the call.
| Ticker | Security | past | Change | Change % |
|---|---|---|---|---|
| MTS | VALE RESORTS | 241.46 | -2.52 | -1.03% |
Other noteworthy events Monday include a deadline for Commerce Secretary Gina Raimondo to answer questions from Senator Elizabeth Warren about big tech companies and the European Union’s Digital Markets Act and Digital Services Act. Monday is also the deadline for public comment on the FTC’s investigation into supply chain disruptions.
Tuesday, March 15
Earnings will rise on Tuesday for Dole before the market open and for Haivision Systems and Shift Technologies after the call. As far as economic data is concerned, investors will be watching the final demand for February’s Producer Price Index and March’s Empire State Manufacturing Index.
| Ticker | Security | past | Change | Change % |
|---|---|---|---|---|
| DOLE | DOLE PLC | 13.46 | -0.14 | -1.03% |
| HAIVF | HAIVISION SYSTEMS INC. | five | +0.00 | +0.00% |
| SFT | REPLACEABLE TECHNOLOGIES | 1.69 | -0.11 | -6.11% |
The Federal Reserve’s monthly open market committee will also be in the spotlight on Tuesday. The Senate will also hold a series of hearings, including one to review the Pandemic Prevention Act, one to remove barriers to legal migration to strengthen communities and the economy, and one to develop public transportation under the bipartisan Infrastructure Act.
Commerce Secretary Gina Raimondo speaks at a daily briefing at the White House in Washington, Tuesday, November 9, 2021. (AP Photo/Susan Walsh) (AP Photo/Susan Walsh/AP Newsroom)
In addition, Secretary Raimondo will give a presentation at Brown University entitled “Growth, Innovation, and Equity: Making America Globally Competitive in the 21st Century,” in which she will share ideas about how the United States can continue to compete globally by building the economy. it works for all Americans. The presentation will be followed by a moderated discussion on topics such as the equity of U.S. economic growth, the impact of COVID-19 on U.S. and global trade, and Raimondo’s experience as a member of President Biden’s cabinet.
| Ticker | Security | past | Change | Change % |
|---|---|---|---|---|
| AMZN | AMAZON.COM INC. | 2910.49 | -25.86 | -0.88% |
| ALPHABET INC. | 2597.41 | -51.18 | -1.93% | |
| TDC | WALMART INC. | 142.07 | -0.56 | -0.39% |
| DAL | DELTA AIR LINES INC. | 32.07 | -0.48 | -1.47% |
Other notable events on Tuesday include the deadline for European Union competition authorities to decide on Amazon’s $8.45 billion purchase of MGM Studios, the Google Game Developers Summit, the launch of the BeautySpace project between Walmart and British retailer Space NK, and the reopening of Delta. Air Lines three course meals for business class on international flights.
Wednesday, March 16
Wednesday’s earnings on the register include Jabil Circuit, Lands’ End and Shoe Carnival before the market opened, and Endeavor Group and Lennar after the bell.
| Ticker | Security | past | Change | Change % |
|---|---|---|---|---|
| JBL | JABIL INC. | 55.65 | +0.14 | +0.25% |
| LE | END OF THE EARTH | 15.53 | -1.31 | -7.78% |
| SKVL | SHOE CARNIVAL | 29.20 | -1.38 | -4.51% |
| MED | ENDEVOR GROUP | 27.08 | -0.45 | -1.63% |
| LINEN | LENNAR CORP. | 86.57 | -1.52 | -1.73% |
Wednesday will be the busiest day for economic data, with the Fed’s decision on interest rates, the National Home Builders Association’s Housing Market Index, retail sales, inventories, import and export prices, weekly mortgage applications, and the Energy Information Administration’s weekly crude oil inventories.
On Capitol Hill, the House of Representatives will hold hearings to study stock trading reform for Congress and an empirical review of the payroll program.
Thursday, March 17
Accenture, Designer Brands, Dollar General, Signet Jewelers and Warby Parker will end the week in profit before the market opens, and FedEx and GameStop after the call.
| Ticker | Security | past | Change | Change % |
|---|---|---|---|---|
| AKN | Accenture PLC | 311.55 | +1.99 | +0.64% |
| DBI | DESIGNER BRANDS INC. | 12.40 | -0.31 | -2.44% |
| DG | DOLLAR GENERAL CORP. | 205.62 | -0.35 | -0.17% |
| SIG | SIGNET JEWELERS LTD. | 65.73 | -2.27 | -3.34% |
| VRBI | WORBY PARKER INC. | 24.37 | -0.38 | -1.54% |
| FDX | FEDEX CORPORATION. | 213.18 | -6.10 | -2.78% |
| GME | GAMESTOP CORPORATION. | 92.69 | -7.87 | -7.83% |
Investors will also receive economic data, including building permits, housing starts, industrial production, the Phildelphia Fed manufacturing survey and the latest data on initial and ongoing jobless claims.
Friday 18 March
The week will end with economic data on existing home sales and the index of leading economic indicators. Richmond Fed President Thomas Barkin will also address the Maryland Bankers Association’s Economic Prospects Forum in person on the first Friday, and Chicago Fed President Charles Evans will attend an event titled “The Fed Listens: Helping Youth Thrive – A Discussion with Leaders.”