Key Takeaways
- The Federal Reserve isn’t expected to change interest rates at this week’s meeting, but remarks from Jerome Powell and economic projections will be in the spotlight.
- Retail sales, homebuilder confidence, housing starts, and existing home sales are also scheduled for release this week.
- Nvidia CEO Jensen Huang will deliver remarks at the chipmaker's annual GTC event.
- Nike, Micron Technology, FedEx, and others are set to report earnings as businesses weigh the impact of tariffs.
A Federal Reserve interest-rate decision, comments from Fed Chair Jerome Powell, and the Fed's “dot plot” interest-rate projections will likely be in the spotlight this week, with retail sales data also due for release as businesses brace for the 澳洲幸运5官方开奖结果体彩网:impact of tariffs.
Nvidia (NVDA) CEO Jensen Huang will deliver the keynote address at the company's annual GTC conference on Tuesday, amid increasing focus on demand for the company's chips to support artificial intelligence (AI). Nvidia partner Micron Technology (MU) is set to report earnings, along with Nike (NKE), Accenture (ACN), shipping giant FedEx (FDX), Tesla competitor Xpeng (XPEV), and others.
Monday, March 17
- U.S. retail sales (February)
- Empire State Manufacturing Survey (March)
- Business inventories (January)
- Homebuilder confidence (March)
- Science Applications International Corp. (SAIC), Harrow (HROW), Getty Images (GETY), and Altus Power (AMPS) are scheduled to report earnings
Tuesday, March 18
- Housing starts (February)
- Building permits (February)
- Import/export price index (February)
- Industrial production/capacity utilization (February)
- Federal Open Market Committee (FOMC) meeting begins
- Adobe Summit keynote address
- Nvidia GTC conference keynote featuring CEO Jensen Huang
- Tencent Music (TME), XPeng, and HealthEquity (HQY) are scheduled to report earnings
Wednesday, March 19
- FOMC interest-rate decision
- Fed Chair Jerome Powell's press conference
- General Mills (GIS), Ollie’s Bargain Outlet (OLLI), and Five Below (FIVE) are scheduled to report earnings
Thursday, March 20
- Initial jobless claims (Week ending March 15)
- Philadelphia Fed manufacturing survey (March)
- Existing home sales (February)
- U.S. leading economic indicators (February)
- PDD Holdings (PDD), Accenture, Nike, Micron Technology, FedEx, Lennar (LEN), and Darden Restaurants (DRI) are scheduled to report earnings
Friday, March 21
- First day for comments from Fed officials following meeting blackout period
- Carnival (CCL) and Nio (NIO) are scheduled to report earnings
Fed Interest-Rate Decision, Powell Re𒁏marks, ‘Dot Plot’ Projections, Retail Sales Data in Spotlight𓆉
Investors expect the Federal Reserve to keep interest rates unchanged when it concludes its two-day meeting this Wednesday. It would be the 澳洲幸运5官方开奖结果体彩网:second consecutive meeting where the 澳洲幸运5官方开奖结果体彩网: Federal Open Market Comm﷽ittee (FOMC) kept rates unchanged after it reduced interest rates by a full percentage point over the final three meetings of 2024. According to the CME Group’s FedWatch tool, market participants have priced in a near certainty that the FOMC will keep rates at its current levels of 4.25% to 4.5%.
The Fed’s report will also include its quarterly economic projections, including the 澳洲幸运5官方开奖结果体彩网:closely followed “dot plot” that lays out the expected path of ꦑinterest rates. After the decision, Federal Reserve Chair Jerome Powell is scheduled to answer media questions on interest rates and economic policies, which could have an impact on markets.
On Monday, February retail sales data arrives as 澳洲幸运5官方开奖结果体彩网:worries over consumer resiliency grow after 澳洲幸运5官方开奖结果体彩网:spending declined sharply in January and consumer confidence 澳洲幸运5官方开奖结果体彩网:waned over tariff fears. Several reports of housing data are on tap for this week as real estate professionals begin to look toward the 澳洲幸运5官方开奖结果体彩网:spring selling season to thaw a frigid housing market that has suffered under hi♐gh prices and limited inventory.
The 澳洲幸运5官方开奖结果体彩网:homebuilder confidence report on Monday comes as tariffs on steel and aluminum threaten to 澳洲幸运5官方开奖结果体彩网:raise construction costs, while housing starts data on Tuesday will give some indication on the pace of ꦇbuilding activity in February. The Thursday report on existing home sales will show if homebuying continued its slow pace last month.
N🌜vidia Kicks Off GTC Event, With Nike, FedEx, Micron, and More Set To Report Earnings
Nvidia CEO Jensen Huang will deliver remarks this week at the company’s annual conference for 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) developers, coming as the chipmaker faces market pressure 澳洲幸运5官方开奖结果体彩网:amid a tech stock sell-off. Huang is scheduled to deliver the keynote address at 1 p.m. ET Tuesday at Nvidia’s GPU Technology Conference, commonly known as GTC, with his remarks coming as the chipmaker faces challenges from 澳洲幸运5官方开奖结果体彩网:Chinese AI technology ♔like DeepSeek.
Investors also will be watching the Adobe Summit this week for updates on AI technology. Nvidia partner Micron Technology is set to report earnings Thursday, after the memory chip maker 澳洲幸运5官方开奖结果体彩网:lowered its revenue projections below analyst estim๊ates as the company cited a weak PC replacement cycle and slower 🍷demand for its auto and industrial sector products.
Also Thursday, Nike is scheduled to deliver its quarterly results after the athletic wear maker reported 澳洲幸运5官方开奖结果体彩网:better-than-expected results in new CEO Elliott Hill’s fღirst quarter as head of the global fash🎐ion giant.
FedEx’s scheduled report for Thursday arrives after the shipping company laid out plans late last year to 澳洲幸运5官方开奖结果体彩网:spin off its freight business into a separate public company. In its most recent earnings report, FedEx lowered its full-year outlook to project flat year-over-year revenue growth as the company 澳🍸洲幸运5官方开奖结果体彩网:anticipated weaker demand from consumer𝕴s.
Several reports from restaurants and retailers also could provide a window into the health of the consumer amid 澳洲幸运5官方开奖结果体彩网:worries about a spending slowdown after January’s retail sales data declined. Discount retailers Ollie’s Bargain Outlet and Five Below are scheduled to release earnings on Wednesday, while Olive Garden parent Darden Restaurants is expected to report on Thursday. Cereal maker General Mills’ report scheduled for Wednesday could also speak to consumer trends.