US Stocks closed lower Friday, but were higher on the week thanks to a slew of good earnings reports from some of America's biggest companies.
This week will be another busy week for the markets as investors get the July jobs report on Friday and Apple, Tesla and hundreds of other companies earnings reports this week. All told investors will have to digest 12 major economic reports this week that could be market movers.
The Federal Reserve is expected to raise interest rates this week as the have said the economy is growing strongly and inflation is at their 2% target making more rate hikes this year likely.
US Consumers are paying more for products from R.V.'s to soda as tariff's on metal and parts are putting pressure on US manufacturers. US Steel and aluminum prices are up 33% and 11%.
With Northwest Quadrant Wealth Management I'm Tyler Simones