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economic calendar Econ Calendar

Upcoming high-impact events include Friday's 8:30 AM EST Core PCE Price Index (MoM & YoY), critical for inflation outlook after August's 2.9% CPI acceleration. Markets anticipate further Fed rate cuts, with two more 25 bps reductions expected by year-end, following September's cut due to a softening labor market. Next Wednesday, ADP Employment Change at 8:15 AM EST and ISM Manufacturing PMI at 10:00 AM EST will offer key insights into labor market health and economic growth amidst cautious optimism. Traders should brace for volatility around Friday's PCE data, as inflation remains a key Fed concern despite recent rate cuts. Monitor next Wednesday's employment and manufacturing data for signals on economic deceleration, which could reinforce expectations for further dovish Fed policy.
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Upcoming Earnings

Major retail and technology players headline this week's earnings. Accenture plc Class A (Ireland) reports before open on Thursday, followed by Costco Wholesale Corporation after close. Next Monday, travel sector leader Carnival Corporation reports pre-market, with apparel giant Nike Inc. concluding the notable reports after close on Next Tuesday.
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NKE
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Analyst Updates

Biotech and Industrials lead the charge with numerous stocks, including HALO, SANA, URI, and PWR, recently rated Strong Buy by analysts. Mega-cap names like AMZN, GM, JNJ, and ASML also received upgrades across Sunday, Monday, and Tuesday, suggesting broad market confidence and continued momentum. However, notable downgrades for CRWD and SYM signal caution in select tech and robotics sectors.
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