INVESTORS are hoping for a bit more in the way of calm this week, though recent volatility is not likely to abate entirely, especially with equity options expiring at the end of the week.
As earnings season kicks into gear, a slew of companies are expected to report results.
Tomorrow Coca-Cola, United Technologies and Verizon are scheduled to report third-quarter results. Yahoo will reports its third-quarter earnings tomorrow, and chief executive Marissa Mayer will be under pressure to show investors that she has a viable plan to turn the company around and for how to spend billions of dollars in proceeds from Alibaba’s IPO.
Boeing and AT&T report on Wednesday and 3M, Caterpillar and Microsoft report on Thursday.
Amazon.com and Comcast are scheduled to release third-quarter earnings on Thursday.
Procter & Gamble rounds off the week with its report on Friday.
US airlines are expected to report healthy third-quarter profits as jet fuel costs keep falling, even though their stocks have plunged on concerns over Ebola. American Airlines, Southwest Airlines and United Airlines are scheduled to post results on Thursday.
General Motors reports third-quarter earnings on Wednesday. On Friday, Ford reports its quarterly earnings, the first quarter under its new CEO, Mark Fields.
The National Association of Realtors releases existing home sales for September tomorrow, while the consumer price index for September is published on Wednesday.