Written by Brenda Nakalema

Amazon, AMD, Alphabet, ExxonMobil, General Motors, and other stocks to watch this week.

A busy week ahead for the S&P 500 as more companies release their fourth-quarter earnings. A few notable companies on …

A busy week ahead for the S&P 500 as more companies release their fourth-quarter earnings. A few notable companies on the list include L3Harris Technologies and Otis Worldwide, release on Monday.

Tuesday features report releases from Alphabet, Exxon Mobil, Advanced Micro Devices, General Motors, Starbucks, and PayPal Holdings. Wednesday will be dominated by reports from Meta Platforms, Qualcomm, T-Mobile US, and Marathon Petroleum.

Thursday will have highlights from companies such as Amazon.com, Ford Motor, Merck, ConocoPhillips and Eli Lilly, with a week close on Friday by Bristol Myers Squibb.

As for the economic data is concerned, the highlight of the week will be jobs Friday. Data from the Labour Department is expected to show a gain of roughly 150,000 nonfarm payrolls in January alone, following an increase of 199,000 in December. The Institute for Supply Management will be releasing the Manufacturing Purchasing Managers’ index for January on Tuesday, thereafter, by the Services equivalent on Thursday. The European Central Bank will be making an announcement about the next monetary- policy decision by Thursday, which will be sure to capture the attention of investors. The ECB is unlikely to budge its target interest rate this year.

Monday 31/1/2022

L3 Harris Technologies, NXP Semiconductors, Otis Worldwide, and Trane Technologies report quarterly results.

The Institute for Supply Management releases the January Chicago Purchasing Manager Index. The consensus estimate is for 60.2 reading, roughly three points less than the December figure.

Tuesday 1/2/2022

Report earnings released by Advanced Micro Devices, Chubb, Alphabet, United Parcel Service, Starbucks, PulteGroup, PayPal Holdings, General Motore Electronic Arts, Equity Residential, Exxon Mobil, Franklin Resources, General Motors and Gilead Sciences.

The Job Openings and Labor Turnover Survey is released by The Bureau of Labor Statistics. Expectations are that 10.1 million job openings were recorded as of December’s last business day, a half a million less than in November. Currently, the unemployed are outnumbered by openings.

The ISM releases its Manufacturing Purchasing Managers’ index for January. Economists forecast a 58 reading, about the same as December’s.

Wednesday 2/2/2022

Quarterly report results from AbbVie, AmerisourceBergen, Boston Scientific, D.R Horton, Thermo Fisher Scientic and waste Management,T-Mobile US, Sony Group, Qualcomm, Old Dominion Freight Line, Novo Nordisk, Emerson Electric, Humana, Johnson Controls International, Marathon Petroleum, Mckesson, Meta Platforms, MetLife and Novartis.

The National Employment Report released by ADP. Private-sector employment is seen increasing to 215,000 jobs after adding 807,000 in December.

Thursday 3/2/2022

Earnings release from Activision Blizzard, Amazon.com, Becton Dickinson, Biogen, Cardinal Health, Cigna, Clorox, ConocoPhillips, Cummins, Eli Lilly, Estee Lauder, Ford Motor, Fortinet, Hershey, Honeywell International, Illinois Tool Works, Intercontinental Exchange, Merck, Ralph Lauren, Shell and Snap.

The European Central Bank makes an announcement regarding its monetary- policy decision. The wide expectation is that the ECB will keep its short-term interest rates unchanged at negative 0.5%. Christine Lagarde, ECB President, has said it’s unlikely to raise rates this year.

ISM releases the Services Purchasing Managers’ Index for January. The consensus estimate is for 58.9 reading, about three points less than in December.

Friday 4/2/2022

The January jobs report is released by The Labor Department with the expectation that the economy will witness an addition of 150,000 positions after witnessing a gain of 199,000 in December. The rate of unemployment is seen remaining unchanged at 3.9%

Air Products & Chemicals Aon, Bristol Myers Squibb, Cboe Global Markets, Eaton, Hartford Financial Services Group, Prudential Financial, Regeneron Pharmaceuticals, and Sanofi all to hold conference calls to discuss quarterly results.