This week in the stock market

What to expect in the market this week

GOOD MORNING

Here’s everything you need to know today: Welcome to our first newsletter, today we will be going over a few events to watch out for in the stock market this week. Here is what to expect:

Market Performance (past week)

  1. Dow - 1.99%

  2. S&P 500 - 1.58%

  3. Nasdaq - 1.56%

  4. Bitcoin - 4.18%

Federal Reserve Minutes

On Tuesday, the Federal Reserve will release the minutes of the November meeting of the Federal Open Market Committee (FOMC). The report will provide details about the committee members' discussion during the Nov. 6-7 meeting, during which officials voted to lower interest rates by a quarter percentage point, and may offer insights into what's next for the Fed's rate-cut plans.  

Thanksgiving week for the markets

It’s a holiday-shortened trading week. On Thursday, markets are closed for Thanksgiving, while the bond market will close at 2 p.m. on Friday.

Crowdstrike earnings

The upcoming report from CrowdStrike Holdings (CRWD) is expected to reveal quarterly earnings of $0.81 per share, indicating a decline of 1.2% compared to the year-ago period. Analysts forecast revenues of $982.26 million, representing an increase of 25% year over year.

The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

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