Monday 2/10
About 310 S&P 500 index companies have reported fourth-quarter results so far, with nearly 80% beating earnings-per-share estimates and 20% missing estimates. On tap for this week are McDonald's and Vertex Pharmaceuticals, which release results on Monday, followed by Coca-Cola and Shopify on Tuesday. Cisco Systems and CVS Health announce earnings on Wednesday, while Applied Materials and Deere do the same on Thursday.
Wednesday 2/12
The Bureau of Labor Statistics releases the consumer price index for January. Consensus estimate is for the CPI to increase 2.9% year over year. The core CPI, which strips out food and energy prices, is expected to rise 3.2%. Both estimates would match the December figures. The annual change in the CPI was 2.4% to 2.9% in the second half of last year, but has stalled in getting to the Federal Reserve's 2% inflation target. The BLS will also release its annual revisions to the CPI with this report, which may affect data from the previous five years.
Friday 2/14
The Census Bureau reports retail sales for January. Economists forecast retail spending to remain flat month over month, after a 0.4% increase in December.
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(END) Dow Jones Newswires
February 07, 2025 21:30 ET (02:30 GMT)
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