Company / Analytics

Analytics, 07 December 2020

What will drive the markets this week?

This week investors will be looking at two household-name tech startups, Airbnb and DoorDash which are poised to go public this week, adding to 2020’s influx of IPOs; the looming government shutdown in the United States; and the ECB’s interest rates announcements in Europe.

The U.S. FDA will convene to discuss Pfizer’s COVID-19 vaccine, bringing the inoculation closer to authorization in the US.

A couple of earnings are also anticipated including from Stitch Fix, AutoZone, Asana, Adobe, Sumo Logic, GameStop, Oracle, and Costco.

Investors will also be watching the state of coronavirus #stimulus talks in Washington and analysts note that even a smaller deal would be good for the economy, but without one, investors may grow worried.

Read more on these and other insights on what will drive the stock market this week.

What will drive the markets this week?

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