The upcoming week is a short one with markets slated to close on Thursday in observance of the Thanksgiving holiday and an abbreviated session on Friday.
The Nasdaq is sitting in record territory after closing above 16,000 for the first time on Friday, while the Dow Jones Industrial Average and S&P 500 finished lower on global COVID-19 concerns.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
I:DJI | DOW JONES AVERAGES | 35601.98 | -268.97 | -0.75% |
SP500 | S&P 500 | 4697.96 | -6.58 | -0.14% |
I:COMP | NASDAQ COMPOSITE INDEX | 16057.43748 | +63.73 | +0.40% |
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Monday 11/22
Kicking off the week for earnings will be Urban Outfitters and Zoom Video Communications after the bell. Investors will also take in existing home sales and the national activity index.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
URBN | URBAN OUTFITTERS, INC. | 36.17 | -1.28 | -3.42% |
ZM | ZOOM VIDEO COMMUNICATIONS, INC. | 251.30 | -4.45 | -1.74% |
In addition, Monday marks the deadline for farmers to apply for the U.S. Department of Agriculture’s Pandemic Response and Safety grants, which will distribute approximately 200,000 awards ranging between $1,500 and $20,000 to food processors, distributors, farmers markets and producers to help address COVID-19 related costs incurred between Jan. 27, 2020 and Dec. 31, 2021, including measures to protect workers against the virus. The program has total funding of $650 million.
Tuesday 11/23
Earnings will ramp up on Tuesday with Abercrombie & Fitch, American Eagle Outfitters, Best Buy, Burlington Stores, Cracker Barrel, Dick’s Sporting Goods, Dollar Tree, JM Smucker, Jack in the Box, and Medtronic all reporting before the market open.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
ANF | ABERCROMBIE & FITCH CO. | 45.19 | -2.66 | -5.56% |
AEO | AMERICAN EAGLE OUTFITTERS, INC. | 26.93 | -1.28 | -4.54% |
BBY | BEST BUY CO., INC. | 136.13 | +0.52 | +0.38% |
BURL | BURLINGTON STORES | 264.97 | -9.95 | -3.62% |
CBRL | CRACKER BARREL OLD COUNTRY STORE, INC. | 141.95 | -0.62 | -0.43% |
DKS | DICK’S SPORTING GOODS, INC. | 138.59 | -1.66 | -1.18% |
DLTR | DOLLAR TREE, INC. | 134.96 | +0.71 | +0.53% |
SJM | THE J. M. SMUCKER CO. | 124.31 | -1.54 | -1.22% |
JACK | JACK IN THE BOX, INC. | 97.47 | -0.33 | -0.34% |
MDT | MEDTRONIC PLC | 117.22 | -0.45 | -0.38% |
Dell Technologies, Gap, HP, and Nordstrom will take the spotlight after the bell.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
DELL | DELL TECHNOLOGIES, INC. | 55.02 | -0.88 | -1.57% |
GPS | GAP, INC. | 24.07 | -0.73 | -2.94% |
HPQ | HP, INC. | 31.45 | +0.04 | +0.13% |
JWN | NORDSTROM, INC. | 32.74 | -2.25 | -6.43% |
Macy’s will also begin offering the majority of its Black Friday deals on Tuesday. The sale will run through Saturday.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
M | MACY’S, INC. | 34.71 | -2.66 | -7.12% |
In addition, a 150% premium bonus will be given…
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