What To Expect in the Markets This Week

Key Takeaways
Goldman Sachs, Morgan Stanley, Citigroup, and other top financial firms are scheduled to report earnings this week.
Investors will also get financial updates from UnitedHealth Group, Johnson & Johnson, and Intuitive Surgical, while Taiwan Semiconductor Manufacturing and Netflix also will issue earnings this week.
Retail sales, housing starts, building permits, and homebuilder confidence are also on tap this week.
Bond markets are closed for the Columbus Day holiday on Monday.
Bond markets are closed on Monday for the Columbus Day holiday. After that, corporate earnings are scheduled throughout the week, with Goldman Sachs ( $Goldman Sachs (GS.US)$ ), Morgan Stanley ( $Morgan Stanley (MS.US)$ ), Citigroup ( $Citigroup (C.US)$ ), UnitedHealth Group ( $UnitedHealth (UNH.US)$ ), Johnson & Johnson ( $Johnson & Johnson (JNJ.US)$ ), Intuitive Surgical ( $Intuitive Surgical (ISRG.US)$ ), Taiwan Semiconductor Manufacturing ( $Taiwan Semiconductor (TSM.US)$ ), and Netflix ( $Netflix (NFLX.US)$ ) all set to issue quarterly financial updates.

Retail sales data will show whether consumers are still spending, while housing starts, building permits, and homebuilder confidence data will offer insight into the housing market's health. Several Federal Reserve speakers, including Fed Gov. Christopher Waller and San Francisco Fed President Mary Daly, also are on the calendar this week.

Bond markets closed for the Columbus Day holiday
Federal Reserve Gov. Christopher Waller delivers remarks

Empire State Manufacturing Survey (October)
San Francisco Fed President Mary Daly and Federal Reserve Gov. Adriana Kugler deliver remarks
UnitedHealth Group, Johnson & Johnson, Goldman Sachs, Citigroup, Rio Tinto ( $Rio Tinto (RIO.US)$ ), PNC Financial Services ( $PNC Financial Services (PNC.US)$ ), State Street ( $State Street (STT.US)$ ), Ericsson ( $LM Ericsson Telephone (ERIC.US)$ ), Albertsons Cos. ( $Albertsons Companies (ACI.US)$ ), and Walgreens Boots Alliance ( $Walgreens Boots Alliance (WBA.US)$ ) report earnings

Import/export price index (September)
Morgan Stanley, Abbott Laboratories ( $Abbott Laboratories (ABT.US)$ ), Discover Financial Services ( $Discover Financial Services (DFS.US)$ ), US Bancorp ( $U.S. Bancorp (USB.US)$ ), and United Airlines ( $United Airlines (UAL.US)$ ) report earnings

Initial jobless claims (Week ending Oct. 12)
Retail sales (September)
Industrial production and capacity utilization (September)
Business inventories (August)
Census Bureau. “U.S. Census Bureau Economic Indicators.”

Homebuilder confidence index (October)
Chicago Fed President Austan Goolsbee delivers remarks
Taiwan Semiconductor Manufacturing, Netflix, Intuitive Surgical ( $Intuitive Surgical (ISRG.US)$ ), Blackstone ( $Blackstone (BX.US)$ ), Truist Financial ( $Truist Financial (TFC.US)$ ), Travelers Cos. (TRV), M&T Bank ( $M&T Bank (MTB.US)$ ), and Huntington Bancshares ( $Huntington Bancshares (HBAN.US)$ ) report earnings

Housing starts (September)
Building permits (September)
Procter & Gamble ( $Procter & Gamble (PG.US)$ ), American Express ( $American Express (AXP.US)$ ), Fifth Third Bancorp ( $Fifth Third Bancorp (FITB.US)$ ), and Regions Financial Corp ( $Regions Financial (RF.US)$ ) report earnings