over 2 years ago • 1 min
As Americans return from the Thanksgiving holiday, it’s going to be a fairly quiet week for company earnings and scheduled economic data. But after a new Covid variant – dubbed Omicron – sent stocks sharply lower on Friday, investors will be awaiting any news on how bad it’s likely to be. Here are the main events we’ll be monitoring:
Tuesday Eurozone inflation data published. Federal Reserve chair Jerome Powell and US Treasury Secretary Janet Yellen give evidence to the Senate Banking Committee on Covid response. US Food & Drug Administration discusses data supporting the use of Merck’s molnupiravir to treat Covid. Earnings from Salesforce, Zscaler, GlobalFoundries, and NetApp.
Wednesday Manufacturing Purchasing Managers’ Index (PMI) data for dozens of economies released, including the US, China, and the eurozone. Meta officially changes its ticker from FB to MVRS. Earnings from Royal Bank of Canada, Snowflake, CrowdStrike, Okta, and Splunk.
Thursday OPEC+ holds its December policy meeting. Japan consumer confidence data published. Earning from Toronto-Dominion Bank, Marvell Technology, Dollar General, CIBC, and DocuSign.
Friday US publishes employment data, the biggest economic release of the month. Services PMI data released for lots of countries, including the UK and Germany.
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