Economic Overview - Pre-market futures indicate a positive outlook for major indexes, with the Dow up 145 points (+0.33%), S&P 500 up 34 points (+0.56%), and Nasdaq up 219 points (+1.01%) due to optimism surrounding a pro-growth Trump administration [1] - This week is light on economic data, with the U.S. Leading Economic Indicators (LEI) report expected after today's opening bell, following last week's significant CPI, PPI, Retail Sales, and Housing Starts data [2] Q4 Earnings Results - Johnson & Johnson (JNJ) reported Q4 earnings of 22.52 billion, a modest increase of +0.06% over estimates; however, revenue guidance was lower than expected, impacting stock performance [4] - Procter & Gamble (PG) reported fiscal Q2 earnings of 1.86, with revenues of 2.1 billion, surpassing the Zacks consensus of 4.32 billion, exceeding the Zacks consensus of $4.03 billion, and showing a +29.8% year-over-year increase; shares doubled their +4.9% gains year to date following the earnings report [7]
Leading Indicators Data in Focus