The First Slice for Monday, April 29, 2024
As we embark on a new week, investors eagerly await key events that could sway the markets. The Federal Reserve’s Open Market Committee meeting is at the forefront, scheduled for Tuesday and Wednesday. While it’s widely anticipated that the Fed fund rate will remain steady, all eyes are on Chair Jerome Powell’s press conference afterward for any hints about future rate cuts, especially given recent doubts expressed by some Fed officials.
But that’s not all; Big Tech earnings are also on the agenda. Amazon kicks off the tech earnings frenzy on Tuesday, followed by Apple on Thursday. These reports will give insight into the performance of two of the largest companies globally and could have ripple effects across various sectors.
In addition to tech, other sectors are also in the spotlight. Chipmaker Advanced Micro Devices, beverage giant Coca-Cola, fast-food chain McDonald’s, and many others are set to release quarterly financial updates. These reports provide a glimpse into consumer behavior and the overall health of different industries.
The week culminates with the release of the April U.S. employment report on Friday, a crucial indicator of the nation’s economic health. After March, surprised with stronger-than-expected job growth, investors are keen to see if the trend continues into April.
Overall, this week promises a flurry of financial activity, from central bank decisions to corporate earnings releases, all of which could have significant implications for investors and the broader economy……..
[read more]
*Click on the “First Slice” icon to read the full article. After you read it, come back and tell us your thoughts.
☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!**
Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟
Share this content:
