3 Stocks To Watch In The Coming Week: FedEx, Adobe, Pfizer – Investing.com

3 Stocks To Watch In The Coming Week: FedEx, Adobe, Pfizer – Investing.com

As the U.S. Federal Reserve concludes its during the coming week, after which Fed Chair Jerome Powell holds a , Wall Street equities may once again experience . Investors will be looking for some guidance amid uncertainty about the future pace of expected interest rate hikes.

On Friday, stocks surged to a record high on speculation that the central bank won’t accelerate plans to tighten monetary policy as cases of the Omicron variant surge—something that could derail the country's economic recovery.

The closed at a new record on Friday, capping Wall Street’s strong rally this past week, despite hitting a 39-year high. The rose 4% since Monday, snapping a 4-week losing streak. The S&P 500 and added 3.8% and 3.6%, respectively, last week—the best since February for both indexes.

Still, many analysts haven't yet ruled out another week of volatility, especially when there is enough uncertainty in the air about the central bank’s future course of action to deal with the accelerating inflation.

Though the Fed press conference is probably the most important event investors will focus on next week, there are also some big earnings announcements that shouldn't be ignored. Here are three