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economic calendar Econ Calendar

High volatility looms with Tuesday's 8:30 AM EST Retail Sales data, critical for consumer spending insights amidst reports of flat unit demand. The main event is Wednesday's Fed decision at 2:00 PM EST, including rate projections and the FOMC Press Conference at 2:30 PM EST. Markets widely expect a rate cut, scrutinizing the Fed's stance for future rate path clues given a weakening labor market and inflation concerns. Traders should brace for significant moves, especially around the Fed's forward guidance.
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Upcoming Earnings

The upcoming earnings week features key reports from several notable companies. Global logistics leader FedEx Corporation reports after close on Thursday, while building materials distributor Ferguson Enterprises Inc. kicks off the week before open on Tuesday. Other significant reports include homebuilder Lennar Corporation Class A after close Thursday and consumer staples giant General Mills Inc. before open on Wednesday.
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Analyst Updates

Software and Industrials lead with multiple strong buy ratings, including TEAM, WDAY, ETN, and EME in the past three days. Real Estate REITs also gained traction with upgrades to AVB and WPC. Semiconductor giant NVDA also received a strong buy on Wednesday, with an average target price upside suggesting continued momentum. However, AAPL was notably downgraded to Hold on Wednesday, signaling caution in some mega-cap tech.
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