The busy week rolls along.
Earnings on Wednesday will come from closely-watched social media company Facebook (FB), while the economic calendar is crowded with readings on the jobs market, US manufacturing, and the latest announcement from the Federal Reserve.
Markets expect the Fed announcement to hold few surprises, as no change in monetary policy is expected and no press conference from Fed Chair Janet Yellen will give markets little to chew on.
Facebook earnings, meanwhile, will be in focus as investors look to sort out not only the company’s financials but how it is digesting its role as a major player in the media landscape, particularly given the scrutiny it faced after the presidential election.
Myles Udland.
Full story at Yahoo News.
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