Fed decision, Apple union vote, Kroger earnings top week ahead

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Fed decision, Apple union vote, Kroger earnings top week ahead

LPL Financial chief equity strategist Quincy Krosby, Revere Securities CCO Scott Fullman and economist Peter Schiff discuss how the Fed can rein in inflation on ‘The Claman Countdown.’

The Federal Reserve is widely expected to announce another interest rate hike this week as it looks to tame scorching-hot inflation.

U.S. stocks sank on Friday after consumer inflation jumped 8.6% to a 40-year high and consumer sentiment sank to an all-time low as tracked by the University of Michigan. The Dow Jones Industrial Average fell 880 points or 2.7%, while the S&P lost 2.9% and the Nasdaq Composite 3.5%. For the week, all three of the major averages fell between 4.6% and 5.6%.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	31392.79	-880.00	-2.73%
SP500	S&P 500	3900.86	-116.96	-2.91%
I:COMP	NASDAQ COMPOSITE INDEX	11340.024421	-414.20	-3.52%

FOX Business takes a look at the upcoming events that are likely

Consumer inflation data, Amazon stock split, Yellen testimony top week ahead

Strategic Funds co-managing director Marc Lopresti and CEO of Recruiting.com Evan Sohn unpack the state of the economy and its impact on hiring following strong May jobs reports.

Inflation at the consumer level will be a major economic focus this upcoming week along with another round of corporate earnings and what could be more volatility for U.S. stocks.

The Nasdaq Composite, on Friday, fell 2.4%, the S&P 500 shed 1.6% and the Dow Jones Industrial Average fell over 1% or 349 points. The 10-Year Treasury yield rose to 2.955% as investors anticipate more rate hikes by the Federal Reserve.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	32899.7	-348.58	-1.05%
SP500	S&P 500	4108.54	-68.28	-1.63%
I:COMP	NASDAQ COMPOSITE INDEX	12012.733912	-304.16	-2.47%

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

Monday 6/6

Apple will also

Nasdaq drops 2.7%, Dow sinks 450 points in losing week

FOX Business contributor Scott Martin and Peapack Private Wealth Management managing principal David Dietze explain ‘late day’ selloffs on ‘Making Money.’

Selling accelerated for U.S. equities during the final hour of trading as tech weakness continued to roil the broader market sending stocks lower for the day and week.

The Nasdaq Composite fell 2.7% and the S&P 500 was lower by 1.8%, while the Dow Jones Industrial Average fell 450 points or 1.3%.

All three of the major averages posted the worst weekly drop since March 2020 for the Nasdaq and S&P, the worst since October 2020 for the Dow.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34265.37	-450.02	-1.30%
SP500	S&P 500	4397.94	-84.79	-1.89%
I:COMP	NASDAQ COMPOSITE INDEX	13768.921815	-385.10	-2.72%

The selling continued in technology stocks, with Netflix down more than 21% after posting weaker-than-expected subscriber growth. The drop is the worst percentage loss

Jobs report, FOMC minutes, Walgreens earnings top week ahead

Delancey Strategies president Jared Levy provides insight on the U.S. markets.

Stocks will kick off the first week of trading for 2022 with key jobs and consumer data.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	36338.3	-59.78	-0.16%
SP500	S&P 500	4766.18	-12.55	-0.26%
I:COMP	NASDAQ COMPOSITE INDEX	15644.970696	-96.59	-0.61%

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

Monday 1/3

Jeffries Financial Group will kick off earnings for 2022 on Monday, while the Markit manufacturing purchasing manager’s index and construction spending will jumpstart the week’s economic data.

Ticker	Security	Last	Change	Change %
JEF	JEFFERIES FINANCIAL GROUP INC.	38.80	-0.19	-0.49%

Other notable events include a 5.9% increase in FedEx shipping rates for its ground, home delivery and express services and a new SEC rule that will require off-exchange issuers to make accurate, up-to-date

Consumer confidence, home sales, Nike earnings top week ahead

Key Advisors Group LLC co-owner Eddie Ghabour weighs in on the market selloff and his market outlook for 2022.

Investors will enter the final stretch before Christmas this week as volatility ticks up due to concerns over inflation, interest rate hikes, and the spread of the omicron variant.

HERE’S WHERE SURGING PRICES ARE HITTING CONSUMERS THE MOST

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35365.44	-532.20	-1.48%
SP500	S&P 500	4620.64	-48.03	-1.03%
I:COMP	NASDAQ COMPOSITE INDEX	15169.682092	-10.75	-0.07%

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days. Financial markets will be closed Friday in observance of the Christmas holiday.

Monday 12/20

On Monday, investors will take in earnings from Blade Air Mobility before the opening bell, Micron Technology, and Nike after the bell, and the Conference Board’s index of leading economic indicators.

Ticker	Security