3 Things to Watch in the Stock Market This Week
Stocks jumped last week as investors gained more optimism that the economy will kick into higher gear as the COVID-19 threat fades. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) rose over 3%. That boost left the S&P 500 down by less than 9% so far this year while the Dow is lower by 14%.
Several big-name stocks will announce earnings results over the next few trading days, as the broad market further gauges the likelihood and breadth of a potential economic rebound. Those companies include Costco (NASDAQ: COST), Autodesk (NASDAQ: ADSK), and Ulta Beauty (NASDAQ: ULTA), and below we'll take a look at the key trends investors should be watching this week.
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Source Fool.com
