Monday 2/14
Advance Auto Parts, Arista Networks, Avis Budget Group, and Vornado Realty Trust report quarterly results.
Tuesday 2/15
$Devon Energy(DVN.US)$, the best-performing stock in the S&P 500 index last year, reports results after the close. The energy sector is already up 26% this year, beating the S&P 500 by more than 33 percentage points.
Airbnb, $BorgWarner(BWA.US)$, $CF Industries Holdings(CF.US)$, $Ecolab(ECL.US)$, $Fidelity National Information Services(FIS.US)$, $Marriott International(MAR.US)$, $Roblox(RBLX.US)$, $SolarEdge Technologies(SEDG.US)$, $ViacomCBS(VIAC.US)$, and $Zoetis(ZTS.US)$release earnings.
The Bureau of Labor Statistics reports the producer price index for January. Consensus estimate is for a 9.3% year-over-year jump, after a 9.7% spike in December. The core PPI, which excludes volatile food and energy prices, is expected to rise 8%, compared with a 8.3% gain previously.
Wednesday 2/16
$American International Group(AIG.US)$, $Analog Devices(ADI.US)$, $Cisco Systems, Inc.(04333.HK)$, $Equinix Inc(EQIX.US)$,$Generac(GNRC.US)$, $Hilton Worldwide(HLT.US)$, Kraft Heinz, Marathon Oil, $NVIDIA(NVDA.US)$, $Pioneer Natural Resources(PXD.US)$, $Shopify(SHOP.US)$, $Synopsys(SNPS.US)$, and $Vulcan Materials(VMC.US)$report quarterly results.
The National Association of Home Builders releases its Housing Market Index for February. Economists forecast a 83 reading, about even with the January data. Home builders remain quite bullish on the near-term prospects of the housing market, despite rising mortgage rates and supply constraints.
The Census Bureau reports retail spending data for January. Expectations are for a 1.9% monthly increase, after a 1.9% decline in December. Excluding autos, retail sales are seen rising 1% compared to a 2.3% drop in December. Some economists speculated that the disappointing December spending data were a result of holiday shopping being pulled forward due to the well-publicized supply shortages.
Thursday 2/17
$Consolidated Edison(ED.US)$, $EPAM Systems(EPAM.US)$, $Keysight Technologies(KEYS.US)$, $Sealed Air(SEE.US)$, $Southern Co(SOLN.US)$, and $Walmart(WMT.US)$release earnings.
Intel hosts a conference call to discuss its business strategy. Pat Gelsinger, CEO of the fallen chip giant, will address investors’ questions and concerns.
The Census Bureau releases new residential construction data for January. Consensus estimate is for a seasonally adjusted annual rate of 1.7 million housing starts, roughly even with December.
Friday 2/18
$Deere(DE.US)$, which recently saw its shares hit a record high, holds a conference call to discuss first-quarter fiscal-2022 results.
The Conference Board releases its Leading Economic Index for January. Economists forecast a 1% monthly increase, following a 0.8% gain in December.
Source: CNBC, jhinvestments, Dow Jones Newswires
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