Apple, Visa, Microsoft, Exxon Mobil, Chipotle and other stocks for investors to watch this week

It’s going to be a busy week on the micro and macro fronts. Second quarter earnings season gathers pace as more than 150


S&P500

report from companies including Big Tech. The Federal Reserve’s Policy Committee will announce an interest rate decision on Wednesday afternoon, and economists will get a glimpse of a host of new data.

Wednesday will bring the results of

Metaplatforms
,

Boeing
,

Qualcomm
,

Ford engine
,

T-Mobile United States
,

Etsy
,

and

Spotify Technology
.

Apple
,

Amazon.co.uk
,

Pfizer
,

Intel
,

MasterCard
,

and

Honeywell International

report on Thursday, then

Exxon Mobil
,

Procter & Gamble
,

and

Chevron

close the week on Friday.

The Federal Open Market Committee meets Tuesday and Wednesday. The central bank is certain to raise its target interest rate – the question is whether it is a hike of 75 basis points or 100 basis points.

Economic data released this week will include the S&P CoreLogic Case-Shiller National Home Price Index for May and the Conference Board Consumer Confidence Index for July, both on Tuesday. The Census Bureau releases the preliminary durable goods report for June on Wednesday, then the Bureau of Economic Analysis releases its preliminary estimate of gross domestic product for the second quarter of 2022 on Thursday, and the BEA releases personal income and expenditure data for Friday. June.

Finally, the Federal Reserve’s preferred inflation measure, the Core Personal Consumption Expenditures Price Index for June, is released on Friday. This is expected to be up 4.8% from a year ago.

monday 7/25

Tourbillon,

Vodafone Group
,

Range Resources,

Newmont
,

NXP Semiconductors and Philips publish their financial results.

Tuesday 7/26

Visa,

UPS
,

Microsoft,

Kimberly Clark
,

Mondelez International
,

Unilever
,

stryker,

3M
,

Chipotle Mexican Grill, Skechers,

Raytheon Technologies
,

Pulte Group
,

Moody’s
,

McDonald’s
,

General Engines
,

Coca-Cola, Alphabet and General Electric are holding earnings calls.

The S&P CoreLogic The Case-Shiller National Home Price Index for May is released. Home prices are expected to rise 21.1% year over year, compared to the 21.2% gain recorded in April.

The conference board publishes its consumer confidence index for July. Economists forecast a reading of 97, down from 98.7 in June.

The Census Bureau reports new residential home sales data for June. The consensus estimate is for a seasonally adjusted annual rate of 680,000 new units, down from 696,000 in May.

Wednesday 07/27

The Federal Open Market Committee announces its monetary policy decision. The central bank is expected to raise the federal funds rate by 75 basis points.

Meta platforms,

Bristol Myers Squibb
,

GSK, Boeing,

Teladoc Health
,

Sherwin-Williams
,

Qualcom,

humane
,

Ford engine,

Authentic parts
,

CME Group
,

General dynamics
,

Kraft-Heinz
,

T-Mobile US, Etsy, Spotify Technology and

Danone

report financial results.

The Census Bureau releases preliminary durable goods report for June. Economists forecast new orders rose 0.3% month-over-month from May’s 0.81% rise.

Thursday 28/07

Apple, Amazon.com,

Samsung Electronics
,

Harley-Davidson
,

Volkswagen Group
,

Tilray Brands
,

Vivendi
,

Altria Group
,

Roku, Pfizer, Merck, Intel, Mastercard,

South West Airlines
,

Honeywell International, Shell and

Northrop Grumman

report financial results.

The Office of the Economy Analysis publishes its preliminary estimate of the gross domestic product for the second quarter of 2022. The forecast calls for a growth rate of 1.6%, after a contraction of 1.6% in the first quarter.

Friday 07/29

Weyerhaeuser
,

Phillips 66
,

Exxon Mobil, Procter & Gamble, Colgate-Palmolive, Chevron,

AbbVie
,

and

sony

discuss financial results.

The BEA reports personal income and expenditure data for June. Personal income is expected to increase by 0.5% month over month, while expenses are expected to increase by 1%. That compares to gains of 0.5% and 0.2%, respectively, in May.

The Federal Reserve reports the basic personal consumption expenditure price index for June. The consensus estimate is for the core PCE index to jump 4.8% year-on-year, from 4.7% in May.

Write to Nicholas Jasinski at [email protected]

Robert D. Coleman