US stock markets will be closed on Monday, February 17, 2025, for Presidents’ Day. Investors should take note as this week’s earnings season is relatively quiet, with only key reports from Walmart and Alibaba scheduled.
Thursday will see the highlight of the week with the release of Walmart (WMT) and Alibaba (BABA) quarterly results. These reports will provide insights into US and Chinese consumer spending trends. Block Inc.’s (SQ) earnings report will follow later in the day.
Economic events to watch this week include:
– The Home Builder Confidence Index on Tuesday
– Federal Reserve minutes from its January FOMC meeting on Wednesday
– Weekly initial jobless claims report on Thursday
– Consumer Sentiment and Existing Home Sales reports on Friday
Source: https://qz.com/walmart-alibaba-stock-market-closed-presidents-day-1851763319