Wall Street Week in advance: Focus on the Q1 BBP, work data, PCE inflation, Earnation of Apple, Microsoft, Meta Platforms | Einsmark news
Wall Street investors in the coming week have many economic data and quarterly results of four of the seven beautiful businesses. In the midst of uncertainty about tariffs that fight between the United States and China, market participants will watch the most important economic data, including the first quarter GDP numbers, consumer spending for March, the Federal Reserve’s preferred inflation partner -Personal Consuming Expenses (PCE) Price Index for April, April Manufacturing Reports. US President Donald Trump said in an interview published on Friday that tariff negotiations with China are underway, but Beijing has denied that any talks have taken place. On earningsfront, quarterly results of Apple, Microsoft, Meta platforms, Amazon, Honeywell and Pfizer are the attention of the traders. Economic calendar on April 29 (Tuesday), separate reports on advanced US trade balance in goods for March, S&P Case-Shiller Home Price Index (20 cities) for February, consumer confidence for April and work openings for March. On April 30 (Wednesday), separate ADP employment reports for April, GDP for the first quarter (Q1), Employment Cost Index for the first quarter, Chicago Business Barometer (PMI) for April, consumer spending for March, Personal Income for March, PCE index and pending home sales for March. On May 1 (Thursday), separate reports on the S&P Final Manufacturing PMI for April, ISM manufacturing for April, and TBA Auto sales for April will be unveiled. On May 2 (Friday), data on the US non-farm payments for April, the April unemployment rate and factory orders for March will be released. Earnings follow companies will report the first quarter earnings in the coming week report-brush Management, Roper Technologies, Domino’s Pizza, Visa, Coca-Cola, Honeywell, Pfizer, Spotify, Starbucks. Microsoft, Meta Platforms, Qualcomm, Caterpillar, Apple, Amazon, Eli Lilly, MasterCard, McDonald’s, Exxon Mobil, Chevron, Cigna and Apollo Global Management. Markets last week acquired US equity indices on Friday, raised by technology-related shares. The Dow Jones industrial average rose by 20.10 points, or 0.05%, to 40,113.50, the S&P 500 scored 40.44 points, or 0.74%, to 5,525,21 and the NASDAQ composition achieved 216.90 points, or 1.26%, to 17,382,94. The US dollar rose 0.67% against the yen at 143,555, while the euro fell 0.11% to $ 1.1377. The yield on benchmark of the US 10-year notes dropped 3.7 basis points to 4.268%, from 4.305%. First published: 27 Apr 2025, 22:20 IST