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Bleach and household products maker Clorox and hotel operator
Marriott International report their latest results on Monday.
Elon Musk's satellite, rocket and AI company SpaceX, formally
known as Space Exploration Technologies, releases its earnings
on Tuesday. The company made its market debut in June, and the
stock has since surged well above and then fallen below its
opening price.
McDonald’s also reports earnings on Tuesday, and online travel
company Expedia Group reports earnings on Wednesday.
More than half of companies within the S&P 500 have reported
their latest results, and profit growth has been strong. Major
indexes have been setting records throughout the year, and the
latest round of profits could be used as a gauge for whether
those rising stock values are justified.
Wall Street also has several economic reports to review this
week, including key updates on the jobs market in the U.S.
On Tuesday, the U.S. will release its report on job openings for
June. The most important update comes on Friday, with the
release of the monthly employment report for July.
Employment is one of the stronger areas of the U.S. economy. But
job growth has been slowing amid broader concerns about
inflation hurting households and businesses. It is also a key
focus for the Federal Reserve as the central bank reviews and
determines any changes to its interest rate policy.
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