• US stocks are set to open slightly lower on Monday. On Sunday night, the Dow Jones Industrial Average futures were down 62 points, or 0.2%, while the S&P 500 futures were down 0.3% and the Nasdaq Composite futures by 0.3%. This week’s earnings include: Tilray on Monday; Albertsons on Tuesday; KB Home on Wednesdays; Delta Air Lines and Taiwan Semiconductor Manufacturing on Thursday; and blackrock,
Notable economic events this week include: On Tuesday, the National Federation of Independent Business releases its Small Business Optimism Index for December, and the Senate Banking Committee approaches Federal Reserve Chairman Jerome Powell for another four-year term. Hearing will be held to consider re-nomination. , On Wednesday, the Bureau of Labor Statistics reports the Consumer Price Index for December, and the Federal Reserve issues a beige book for the first time this year eight times. On Thursday, the Senate Banking Committee will consider the nomination of Lyle Brainard as deputy chairman of the Federal Reserve, the Bureau of Labor Statistics reports the producer price index for December, and the Department of Labor’s preliminary jobless claims for the week ending Jan. reports to. On Friday, the University of Michigan releases its Consumer Sentiment Index for January, and the Census Bureau reports retail sales data for December.
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