The Bell Ringers #11: Fed Week, Earnings Lightning Round, U.S. Data

The Bell Ringers

Join Investing.com senior analysts Jesse Cohen and Clement Thibault as they review the most significant events that impacted financial markets last week and look ahead to what are likely to be the top business and financial stories in the week ahead.

The format is simple: the two will spend three minutes talking about each topic; a bell then sounds once time is up, whereupon they'll move on to the next topic.

This week’s episode starts with: thoughts on Wall Street’s upbeat weekly performance, which saw the S&P 500 and Nasdaq indices both close at fresh all-time highs.

Next up: The two summarize last week’s major earnings on Wall Street, which saw companies such as Facebook, Google-parent Alphabet, Amazon, and Boeing report their latest quarterly results.

Finally, the two discussed the European Central Bank’s policy decision, which resulted in President Mario Draghi signaling that fresh stimulus is on the way.

Turning their attention to the week ahead, the duo provided thoughts on what to expect from the Federal Reserve’s highly anticipated meeting, which is expected to conclude in the first U.S. rate cut in more than a decade.

The two also touched on what’s in store on the earnings front, with companies like Apple, Beyond Meat, Advanced Micro Devices, Mastercard, and General Motors all set to report their latest results in the coming days .

They also discussed what to watch from some of the major economic reports slated for the week ahead, with the July jobs report, due Friday, likely to steal the spotlight.

To close out the episode, they each provided their stock of the week: Shopify for Jesse and Tesla for Clement.