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Key earnings releases scheduled for next week include Intel, Tesla, IBM, Netflix and Verizon

Earnings calendar for the week starting October 18

Some of the major financials kicked off the earnings calendar this week including J.P. Morgan, Bank of America and Citigroup.
Next week eases into other industries including some tech, airlines, consumer staples and industrials.
Highlighted companies include Procter & Gamble, Netflix, Johnson & Johnson, IBM, Verizon, Tesla, Intel, American Express and Honeywell.
Below are a list of the major release scheduled (subject to change).

Monday, October 18

  • Commerce Bancshares

Tuesday, October 19

  • United Airlines
  • Interactive Brokers Group
  • Bank of New York Mellon
  • Travelers Companies
  • Procter & Gamble
  • Halliburton
  • Intuitive Surgical
  • Netflix
  • Philip Morris
  • Johnson & Johnson
Wednesday, October 20
  • Abbott Laboratories
  • IBM
  • Verizon
  • CSX
  • Tesla
  • Kinder Morgan
Thursday, October 21
  • American Airlines
  • AutoNation
  • Southwest Airlines
  • AT&T
  • Whirlpool
  • Celanese
  • Intel
  • Chipotle Mexican Grill
  • Nucor
  • Dow Inc.
  • Freeport McMoran
Friday, October 22
  • American Express
  • Honeywell international
  • Schlumberger

WTI crude oil settles at $82.88 in new cycle high to cap eighth-straight week of gains

WTI crude oil up 97-cents to $82.28

WTI crude oil up 97-cents to $82.28
What a run it’s been for the crude oil bulls in basically a straight line to $82 from $62 on August 23.
This is the eighth straight week of gains in crude and the highest close since 2014. Today is contract expiration and there’s moderate backwardation through the contract table, out to $$74 at this time next year.

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US stocks close higher. S&P and NASDAQ close higher for the third consecutive day

Dow has a two day win streak two end the week

The US stocks are closing higher across the board with the Dow industrial average leading the way with a gain over 1%.

  • S&P and NASDAQ end the week with a three day winning streak
  • Dow ends with a two day winning streak
  • Dow is less than 1% from its all-time high
  • Dow has its best week since late June
  • S&P has its best week since July 23
  • NASDAQ and S&P close above its 50 day moving average

A look at the final numbers shows:

  • Dow industrial average rose 382.2 points or 1.09% at 35294.75
  • NASDAQ index rose 73.92 points or 0.5% at 14897.35
  • S&P index rose 33.11 points or 0.75% 4471.37
For the week,
  • Dow industrial average rose 1.58%
  • S&P index rose 1.81%
  • NASDAQ index rose 2.18%