This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:
The stock market’s new record high will be challenged in the week ahead by a slew of corporate earnings reports and a fresh reading of the Fed’s preferred inflation gauge.
With most financial institutions done reporting, tech results will take center stage with Netflix (NFLX) earnings on Tuesday followed by Tesla (TSLA) on Wednesday. Reports from Johnson and Johnson (JNJ), United Airlines (UAL), Verizon (VZ) and AT&T (ATT) also highlight one of the busiest weeks of quarterly reports on Wall Street.
In economic data, the first reading of economic growth for the fourth quarter is expected on Thursday. Meanwhile, the latest release of the Personal Consumer Expenditures (PCE) Index, the Fed’s preferred inflation gauge, is slated for Friday.
All of this will come as stocks…
