Earnings season picks up in the coming week with big names, including Tesla and Netflix, set to report results, while the UAW strike against Ford, Stellantis and GM drags on.
In the coming week, investors will continue to monitor the ongoing war between Israel and Hamas and any impact on oil prices and global markets. Crude gained nearly 6% last week following the attack on Israel amid choppy trading. As for stocks, the benchmarks ended the week mixed on Friday with the Dow Jones Industrial Average notching a small gain, while the Nasdaq Composite and S&P 500 fell.
Bob Iger, who returned to the helm in November after the ouster of Bob Chapek, is mulling how to turn around the media giant, and possible moves involve selling assets. On Wall Street, Charles Schwab will report to shareholders before the opening bell.
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