Biden on ABC, Bank Profits, Inflation Data: What to Look for

The first trading week of July and the third quarter of 2024 was a whirlwind, but the big news doesn’t stop there. Request for trend anchor Josh Lipton highlights the top headlines investors should watch for over the next week, including: President Biden’s interview with ABC reporter George Stephanopoulos tonight, the Consumer Price Index (CPI) and Producer Price Index (PPI) prints for June, new earnings reports from major banks JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), and Citigroup (C).

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This post was written by Luke Carberry Mogan.

Video Transcription

Time.

Now let’s find out what to look for before we look at the offer.

Next week, President Joe Biden will interview George Stephanopoulos late tonight at 8:00 PM ET.

This will be his first interview since the fines debate with former President Donald Trump.

And now, looking ahead, on Thursday we will find out the latest Consumer Price Index, or CP I for short, for June.

Friday will also see new data on the Producer Price Index for June. Key indicators of inflation will be the new CP I and PP I prints as the Fed continues to weigh in on potential rate cuts this year, and will also move on to an earnings discussion. On Thursday, companies like Pepsi Progressive Delta and Can Agra will release their earnings, while on Friday, major banks will kick off another earnings season.

JP, Morgan Wells Fargo and City will release their quarterly results, which will provide investors with more information on the state of the financial sector.