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Comic: Traders Brace For Flood Of Market-Moving Events In The Week Ahead

EconomyOct 24, 2020 03:43AM ET
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By Jesse Cohen

Investing.com - Stocks on Wall Street ended mixed on Friday, with the Dow Jones Industrial Average falling slightly to end a disappointing week.

The Dow slumped 28 points, or 0.1%, to 28,335. The S&P 500 rose 0.3% to 3,465, while the Nasdaq Composite closed 0.4% higher at 11,548.

For the week, the Dow and S&P 500 lost 0.9% and 0.5%, respectively, to snap a three-week winning streak. The Nasdaq meanwhile dropped 1.1%, posting its first weekly loss in five weeks.

Between uncertainty surrounding ongoing stimulus talks in Washington, political developments ahead of the looming November 3 election, a heavy batch of high-profile earnings reports, as well as key economic data, next week is expected to be a busy one on Wall Street.

Google-parent Alphabet (NASDAQ:GOOGL) is scheduled to release its quarterly results on Monday, followed by Microsoft (NASDAQ:MSFT) on Tuesday. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), and Facebook (NASDAQ:FB) are then all due to report their respective results on Thursday.

The coming week also marks an important one on the economic calendar, with the big day coming on Thursday, when the U.S. releases the first look at third-quarter gross domestic product.

After the second quarter’s shocking 31.4% decline following coronavirus shutdowns, the economy is expected have bounced back, with growth of 31.9% expected in the third quarter.

To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics

Comic: Traders Brace For Flood Of Market-Moving Events In The Week Ahead
 

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Comments (6)
Ntuthuko Xolani
Ntuthuko Xolani Oct 24, 2020 1:32PM ET
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I just can't wait to download more dollers
Leon Kelly
Leon Kelly Oct 24, 2020 12:23PM ET
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Tqqq trend is looking great for Monday and tuesday.. after that, go with god
Mohamad Farchoukh
Mohamad Farchoukh Oct 24, 2020 11:52AM ET
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Any idea how gold will react this coming week before the election?
saeid gharavi
saeid gharavi Oct 24, 2020 11:52AM ET
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saeid gharavi
Not That Person
Not That Person Oct 24, 2020 11:52AM ET
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I have GLD call options so most likely gold will drop to $1,750.
Eddie III
Eddie III Oct 24, 2020 10:24AM ET
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This is going to be crazy
Eddie III
Eddie III Oct 24, 2020 10:24AM ET
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This is going to be crazy🤯
American Truth
American Truth Oct 24, 2020 5:22AM ET
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big up week in the markets next week.
 
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