Several major US banks are set to release their quarterly earnings reports next week, including JPMorgan Chase & Co., Wells Fargo, and Goldman Sachs. Other notable companies such as KB Homes, UnitedHealthcare Group, and Taiwan Semiconductor Manufacturing Company will also report their financial results.
The market is expected to get a fresh dose of economic data on Tuesday, with the Producer Price Index (PPI) due out, followed by new Consumer Price Index (CPI) data on Wednesday. This information is likely to provide insights into inflation pressures ahead of the CPI and PPI prints.
Additionally, Kohl’s announced that CEO Tom Kingsbury will step down from his role effective January 15, 2025, with former Michaels Companies CEO Ashley Buchanan being named as his replacement.
Source: https://finance.yahoo.com/video/big-banks-earnings-kohls-ceo-000000571.html