Company / Analytics

Analytics, 02 August 2021

What will drive the markets this week?

Global stocks closed lower last week, with US markets facing pressure as investors reckoned the impact of the rising delta variant of Covid-19 on an economic recovery that was just picking pace. Economic growth appears to have slowed down in the late second quarter, and companies reporting earnings are telling similar tales.

About 59% of the companies in the S&P 500 have reported second-quarter earnings results to date, with 88% of them having actual earnings per share (EPS) above estimates.

This week, nearly one-third of companies in the Russell 3000 will report results, including widely held companies like Uber, DraftKings, Marriott International, and Kraft Heinz. Hundreds of small-to-mid-cap companies across all sectors also report results. Those smaller public companies are very sensitive to changes in the economic temperature, and investors will pay attention to their guidance for the rest of the year.

Investors will also parse economic data from across the world, including manufacturing and purchasing managers surveys from the U.S., the EU, and the U.K. for July which are due for release on Monday. The U.S. nonfarm payrolls are due for release on Friday, as well as unemployment rate figures from Canada.

Monday, August 2:

Tuesday, August 3:

Wednesday, August 4:

Thursday, August 5:

Friday, August 6:

Choose one or several trading platforms and achieve your goals with Investors Europe

Investors Europe (Mauritius) Limited is authorised and regulated by the FSC Mauritius, license C112011088. Registered address: 3rd Floor Ebene House, Hotel Avenue,33 Cybercity, Ebene 72201, Republic of Mauritius. Registered Number: 113933.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures, foreign currencies, and bonds involve a high level of risk. Trading on margin comes with substantial risk as well. You must be aware of these risks before opening an account to trade. The income you may get from online investing may go down as well as up.