THIS WEEK'S MARKET MOVERS

Wednesday: Chicago PMI report.
Thursday: ISM Manufacturing and Construction reports.
Friday: Employment report.

Key earnings reports this week:
 
Tuesday: Archer Daniels Midland (NYSE:ADM) and Ford (NYSE:F).

Wednesday: Clorox (NYSE:CLX), Murphy Oil (NYSE:MUR), General Motors (NYSE:GM), Ralph Lauren (NYSE:RL), Southern Company (NYSE:SO), and Visa (NYSE:V).

Thursday: Exxon Mobil (NYSE:XOM) and Starbucks (NASDAQ:SBUX).

Read more: http://www.minyanville.com/business-news/markets/articles/earnings-season-market-news-market-recap/10/26/2012/id/45408#ixzz2AeGTR2oX

THIS WEEK'S MARKET MOVERS

• Given the absence of major economic news, earnings will drive market direction early in the week. Monday's reports by Caterpillar (NYSE:CAT) and Yahoo (NASDAQ:YHOO) will kick things off, followed by a heavy reporting day on Tuesday (Facebook (NASDAQ:FB), 3M (NYSE:MMM), DuPont(NYSE:DFT), Boeing (NYSE:BA), UPS (NYSE:UPS), and Xerox (NYSE:XRX) are among widely owned stocks reporting). Moreover, 216 companies will report earnings on Thursday, including Apple (NASDAQ:AAPL).

• Monetary policy and economic news will hit the tape on Wednesday as the FMOC concludes its monthly two-day meeting and is set to release notes at 2:15 p.m. EDT.

• After Moody's reaffirmed Spain's debt as investment grade, and with the European Summit concluded, look for Spanish Prime Minister Rajoy to officially ask for a bailout for the country, which is a step most analysts agree would be positive for the market.

• Friday's GDP report will be the most significant economic report of the week.

THIS WEEK'S MARKET MOVERS

THIS WEEK'S MARKET MOVERS