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Market Review:
Earnings:
GOOG and MSFT report after the Bell today.
General PE rates are around 17. But the 8 biggest stocks are pushing a PE around 32. GOOG and MSFT are among the big ones. ATT (T) reports before the bell tomorrow, it's one of the "smaller" stocks.
In other news, the FOMC will be making their announcement tomorrow at 2:00pm ET. Though it is the Press Conference scheduled for 2:30pm ET that will be most worth watching. Then on Thursday morning we can contrast Jerome Powell's press conference with that of Christine Lagarde. The ECB makes their news Thursday morning. Follow that up Thursday evening/ Friday morning with the Bank of Japan.
Wednesday before the bell T will report earnings. T opened the year at 18.51. They opened the month of July at 15.95. T opened this week at 14.78. The settlement price on Monday was 14.95. In the pre-market this morning T moved above 15.10.
Also reporting this week: GOOG, META, MA, and others
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