economy
Here are 3 big things to watch in the stock market this coming week
FedEx reports earnings, and the Fed's preferred inflation gauge is due out.
TL;DR
- FedEx will report its fiscal 2026 fourth-quarter results, complicated by the spin-off of FedEx Freight and a shift to a traditional fiscal year.
- The Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation gauge, is set for release, with oil prices and Middle East stability influencing its outcome.
- Memory chipmaker Micron's earnings report is expected to provide insights into the high-bandwidth memory (HBM) market, crucial for AI servers, and its impact on major tech firms.
- FedEx Freight will hold an investor day to discuss its standalone performance and outlook.
- The market is monitoring oil prices, which have dropped significantly due to optimism surrounding the Middle East, potentially impacting future Fed rate hike expectations.