Wall Street Week Ahead: With market at record highs, eyes on reports from chipmakers

19 Jan by Vitaliy Dadalyan

Wall Street Week Ahead: With market at record highs, eyes on reports from chipmakers

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Wall Street Week Ahead: With market at record highs, eyes on reports from chipmakersReports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fueled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.