JBL - 3 Things to Watch in the Stock Market This Week
It was another tough time for investors last week, as both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) shed 5%. Most of that decline came following news that inflation was still running near a 40-year high, suggesting further aggressive interest-rate increases on the way from the Federal Reserve.
Many individual stocks performed better, though, especially in the case of positive earnings announcements. With that in mind, let's preview reports on the way this week from Kroger (NYSE: KR) , Jabil (NYSE: JBL) , and Adobe (NASDAQ: ADBE) .
Kroger's stock took a hit after rival Walmart (NYSE: WMT) lowered its 2022 earnings outlook last month, and we'll learn on Thursday whether the supermarket chain avoided those profit challenges.
For further details see:
3 Things to Watch in the Stock Market This Week