By Staff Reporters
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- Markets: US stocks rose for two straight weeks. Investors appear to be putting more emphasis on strong corporate earnings than all the uncertainty around the war in Ukraine and inflation.
- Treasury: Yields climbed (in anticipation of higher interest rates), giving a lift to financial stocks.
- Ukraine: Top Russian military officials signaled a change in approach to the war. They spoke about the “complete liberation” of the Donbas region in eastern Ukraine, which means Russia could potentially be pivoting from its initial goal of taking Ukraine’s biggest cities and toppling its government.
- EARNING REPORTS THIS WEEK:
- Monday: Earnings from Dave & Buster’s.
- Tuesday: US consumer confidence; US Job Openings and Labor Turnover (JOLTS); earnings from Micron, Chewy, Lululemon and RH.
- Wednesday: US ADP jobs report; US GDP for Q4 (third estimate); weekly crude oil inventories; earnings from BioNTech and Paychex.
- Thursday: End of first quarter; US personal income and spending; US weekly jobless claims: earnings from Walgreens and Blackberry.
- Friday: US jobs report; US ISM manufacturing.
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Filed under: Breaking News, Investing, Research & Development | Tagged: financial stocks, inflation, stock markets, Treasury yields, Ukraine, US job reports |
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