Economy Week Ahead: The Fed, U.S. GDP, Eurozone GDP
The Federal Reserve's policy meeting and U.S. economic-growth figures are the focus this week.
Dow Tops 35000 as Stocks Rise to Records
All three major U.S. stock indexes closed at highs after a string of strong corporate earnings reports bolstered investor confidence, a striking rebound from a sharp loss early this week.
Senators Try to Finalize Deal on Infrastructure Package
A bipartisan group hopes to iron out key details on a roughly $1 trillion bill for roads, bridges, transit and broadband.
U.S. Set to Push Global Economy Over the Recovery Line
Economists surveyed by The Wall Street Journal estimate that figures to be released this week will show U.S. GDP rose above the level reached in the final quarter of 2019.
Investors Are Buying American
Money managers world-wide funneled more than $900 billion into U.S. funds in the first half of 2021, a record in data going back to 1992.
Private-Equity Firms Spark Bidding Wars in U.K.
Blackstone, Carlyle and other buyout firms are bidding for U.K. publicly listed companies at a faster rate than in years. The reason: Investors think post-Brexit Britain is where big assets are going for cheap.
Apple, Amazon, Tesla Set to Post Results
More than a third of the S&P 500-including McDonald's, Ford and Exxon-are expected to provide quarterly updates in the coming week.
New Aid Coming for Mortgage Borrowers at Foreclosure Risk
The Biden administration aims to reduce monthly payments by up to 25% for those with federally backed mortgages who are at the end of forbearance plans.
(END) Dow Jones Newswires
July 25, 2021 23:00 ET (03:00 GMT)
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