Company / Analytics

Analytics, 12 April 2021

What will drive the markets this week?

Global stocks finished higher last week, capping weeks of gains for major equity benchmarks amid rising reopening optimism. The tech sector outperformed while the energy sector lagged. Still, the returns were broad across sectors with 10 of the 11 S&P sectors ending the week higher.

This week, investors will digest earnings from several big financial firms, including Goldman Sachs, Wells Fargo, and Bank of America. Investors will also parse retail sales data for March, which will be released on Friday, along with preliminary consumer sentiments for April.

Analysts are also closely watching Coinbase, the largest cryptocurrency exchange operator in North America, which goes public via direct listing this Tuesday.

Monday, April 12:

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Friday, April 16:

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