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Tuesday 10/28

About 160 S&P companies report results, the busiest week on the third-quarter earnings calendar, led by Big Tech. Booking Holdings, NextEra Energy, UnitedHealth Group, and Visa announce earnings on Tuesday, followed by Alphabet, Boeing, Caterpillar, Meta Platforms, Microsoft, Starbucks, and Verizon Communications on Wednesday. On Thursday, Amazon.com, Apple, Bristol Myers Squibb, Coinbase Global, Eli Lilly, Gilead Sciences, Mastercard, and Merck hold conference calls to discuss quarterly results. AbbVie, Chevron, and Exxon Mobil close out the week, reporting their earnings on Friday.

Wednesday 10/29

The Federal Open Market Committee announces its monetary-policy decision. A quarter-percentage-point rate cut is all but a done deal, bringing the federal-funds rate to 3.75%-4%. Wall Street is more interested in Fed Chair Jerome Powell's news conference and how many more interest-rate cuts can be expected this year and in early 2026. Multiple Fed governors have emphasized the downside risk to the labor market in speeches since the mid-September FOMC meeting. Traders are pricing in a greater than 95% probability of a quarter-point rate cut at the December meeting as well and a federal-funds rate of 3%-3.25% by June of next year, a full percentage point less than currently.

 

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(END) Dow Jones Newswires

October 24, 2025 21:31 ET (01:31 GMT)

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