Disney earnings, Fed commentary, ADP data: What to Watch
Market Domination Overtime co-anchors Julie Hyman and Josh Lipton outline key market events to watch for on Wednesday, February 5. Before the opening bell, major companies Novo Nordisk (NVO), Disney (DIS), and Uber (UBER) will report earnings. Tech sector earnings will follow after market close, with reports from semiconductor companies Qualcomm (QCOM) and Arm (ARM), along with MicroStrategy (MSTR). Several Federal Reserve officials are scheduled to speak, including Chicago Fed president Austan Goolsbee, Fed governor Michelle Bowman, and Fed vice chairman Philip Jefferson. Their remarks may provide insight into the central bank's recent decision to maintain current interest rates. Additionally, the ADP Employment Report will be released in the morning, with economists predicting an addition of 150,000 private sector jobs in January. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith