Economic data and earnings will keep investors busy this week. More than a quarter of the S&P 500 companies are scheduled to release their earnings.
UPS is scheduled to report its second-quarter earnings results on July 24. Estimates suggest that things aren't looking good for it this quarter.
Boeing (BA) plans to report its second-quarter 2019 results on July 24.
Kansas City Southern (KSU) stock opened nearly 3% higher on Friday after reporting better-than-expected second-quarter results.
The 737 MAX fiasco is expected to hurt Boeing’s (BA) second-quarter financial results severely.
Union Pacific reported strong second-quarter bottom-line results. The second-quarter results beat analysts' expectations.
On Wednesday, United Rentals (URI) stock fell 6% in after-hours trading The company's second-quarter earnings beat the estimates.
On Tuesday, President Trump's comments about a China trade deal left the stock market with serious concerns. More tariffs could be on the table.
Kansas City Southern (KSU) is scheduled to report its second-quarter earnings results on Friday. Analysts expect its earnings growth rate to slow.
On Wednesday, CSX (CSX) stock was trading 7% lower in the pre-market trade. The company reported dismal second-quarter results.