With the large big caps behind us, what is left in the US Earnings calendar this week?
<ul><li>Last week's positive news included strong earnings from Wall Street heavyweights Amazon and Alphabet. However, disappointing Apple earnings resulted in a 4.8% drop in its stock and helped lead to declines on Friday. Nevertheless, over 79% of S&P 500 companies have exceeded estimates for Q2 so far, the highest rate since Q3 2021.</li></ul><p>The major indices all closed lower on the week:</p><ul><li>Dow Industrial Average fell -1.11%</li><li>S&P index fell -2.27%</li><li>NASDAQ index fell -2.85%</li><li>Russell 2000 fell -1.21%</li></ul><p>In the major European indices last week:</p><ul><li>German DAX fell -3.14%</li><li>France's CAC fell -2.16%</li><li>UK's FTSE 100 fell -1.69%</li></ul><p>in the Asia-Pacific markets:</p><ul><li>Nikkei 225-1.73%</li><li>Shanghai composite index rose 0.37%</li><li>Hang Seng index fell -1.89%</li><li>Australia's S&P/ASX 200 index fell -1.1%</li></ul><p>What is on the US schedule this week?</p><p>Monday:</p><ul><li>Palantir</li><li>Lucid</li></ul><p>Tuesday:</p><ul><li>UPS</li><li>Lilly</li><li>Rivian</li><li>AMC</li><li>Twillion</li><li>Celcius</li></ul><p>Wednesday</p><ul><li>Sony</li><li>Wendy's</li><li>Disney</li><li>Wynn Resorts</li></ul><p>Thursday</p><ul><li>Alibaba Group</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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