Tuesday, January 22, 2013

THIS WEEK'S MARKET MOVERS

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  • Monday: US bourses are closed for Martin Luther King, Jr. Day. European and Asian earnings will continue to roll in, so be prepared for a little extra volatility on Tuesday.
  • Tuesday: Existing home sales will be reported before the open. On the earnings front, Coach (NYSE:COH), CSX Corp. (NYSE:CSX), DuPont (NYSE:DD), Google (NASDAQ:GOOG), and Verizon (NYSE:VZ) are all on tap.
  • Wednesday: All eyes will be on Apple's earnings today. Additionally, Abbott Labs (NYSE:ABT), McDonald's (NYSE:MCD), SAP AG (NYSE:SAP), and Textron (NYSE:TXT) are all reporting earnings. No major economic news will be released.
  • Thursday: Jobless claims, PMI Manufacturing, and petroleum inventories will be the main economic reports, while UPS' (NYSE:UPS) earnings report will provide further insights into consumer and business activity.
  • Friday: Housing is back in focus as the new home sales report is released at 10:00 a.m. EST.

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