Morgan Stanley, Housing, Japan in the House: 3 Things to Watch By Investing.com – Investing.com
- Date: 16-Apr-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Morgan Stanley, Housing, Japan in the House: 3 Things to Watch By Investing.com – Investing.com
© Reuters.
By Christiana Sciaudone
Investing.com -- It was a green day on the markets, with amazing retail sales and lower jobless claims.
Banks, of course, are reporting swell numbers. Gold's having a really good day thanks to U.S. sanctions on Russia. Tech stocks are also rallying. Hershey's got a buy, and so did Nvidia (NASDAQ:) (over Intel (NASDAQ:)) and Anheuser Busch Inbev SA NV (BR:).
Normally, we'd be filing our taxes by midnight, but we got a month's long reprieve this year, thank you Covid-19.
More banks report earnings tomorrow, housing and let's talk Japan.
Here are three things that could affect markets tomorrow:
1. Morgan Stanley rounds out big bank earnings
After blowout numbers from its peers, Morgan Stanley (NYSE:) is set to close out the week. Analysts were already predicting solid performance from its trading desks, and those expectations have likely only gone up since Citibank, JPMorgan (NYSE:), and Goldman Sachs (NYSE:) reported. Consensus is for adjusted earnings per share of $1.68 on revenue of nearly $14 billion.
2. Housing starts
Better weather in March should contribute to a rebound in . Economists are calling for a 1.7% jump to a 1.61 million annualized rate in March. That's up from a 1.42 million pace