Dow Jones Stocks Prepare For Record-Breaking Earnings Week

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Last Updated on July 23, 2022 by Bitfinsider

As nearly half of the 30 components of the Dow Jones index are expected to report earnings, the market is preparing for a busy week. The figures come out just when many American giants cut back on their spending and consumer confidence suffers due to inflation. A probable economic slowdown or recession is not too far off, especially given that the Federal Reserve plans to use more of its arsenal of tools to combat inflation.

More information about the health of the economy will become available next week. These five strong or moderately strong performers year to far are Visa (V), Coca-Cola (KO), McDonald’s (MCD), Chevron (CVX), and Merck. Nearly half of the Dow Jones stocks also report earnings (MRK).

Microsoft (MSFT) and Apple (AAPL) are also due.

The Dow Jones Industrial Average as a whole turned 0.6 percent down on Friday, ending three days of advances but continuing its weekly rise of 1.8 percent. For the first time since April, the blue-chip index recorded a weekly close above the 10-week moving average.


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Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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