{"id":83732,"date":"2023-11-12T18:59:20","date_gmt":"2023-11-12T23:59:20","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/stocks-are-poised-to-fall\/"},"modified":"2023-11-12T18:59:21","modified_gmt":"2023-11-12T23:59:21","slug":"stocks-are-poised-to-fall","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=83732","title":{"rendered":"Stocks Are Poised to Fall"},"content":{"rendered":"
\n

Stocks are poised to fall in New York on Monday ahead of a week that includes a race by lawmakers on Capitol Hill to pass a stopgap government funding bill before Friday\u2019s deadline.<\/p>\n

At 6:15 p.m. ET on Sunday, Dow Jones Industrial Average futures were down 46 points, or 0.1%, while the S&P 500 futures fell 0.1%, and Nasdaq Composite futures fell 0.1%.<\/p>\n

\n

House GOP leadership unveiled a two-part temporary funding extension on Saturday, aiming to keep the government open until the first deadline in January while they negotiate longer term spending agreements. If lawmakers can\u2019t pass a temporary patch, the government could shut down Nov. 17.\u00a0<\/p>\n

Notable earnings this week include Tower Semiconductor, and Tyson Foods on Monday; Home Depot on Tuesday;\u00a0and Advance Auto Parts, Cisco Systems, Palo Alto Networks, Target, TJX Cos. on Wednesday;\u00a0<\/p>\n

Alibaba Group Holding, Applied Materials, Bath and Body Works, Gap, Macy\u2019s, Ross Stores, Walmart, Warner Music Group, and Williams-Sonoma report earnings on Thursday; and BJ\u2019s Wholesale Club on Friday.\u00a0<\/p>\n

This week\u2019s notable economic events include Tuesday\u2019s release of the consumer price index for October by the Bureau of Labor Statistics. The National Federation of Independent Business will report the Small Business Optimism Index for October.<\/p>\n

On Wednesday, President Joe Biden will meet with China\u2019s President Xi Jinping during the Asia-Pacific Economic Cooperation summit in San Francisco. Also Wednesday, the Census Bureau will release retail sales for October, and BLS will report the producer price index.<\/p>\n

On Thursday, the National Association of Home Builders will release its Housing Market Index for November, and the Labor Department will release initial unemployment benefits claims for the week ended Nov. 11. On Friday, the Census Bureau will report new residential statistics for October.<\/p>\n

Write to Janet H. Cho at janet.cho@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stocks are poised to fall in New York on Monday ahead of a week that includes a race by lawmakers on Capitol Hill to pass a stopgap government funding bill before Friday\u2019s deadline. At 6:15 p.m. ET on Sunday, Dow Jones Industrial Average futures were down 46 points, or 0.1%, while the S&P 500 futures […]<\/p>\n","protected":false},"author":1,"featured_media":73013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-83732","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nStocks Are Poised to Fall | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stocks are poised to fall in New York on Monday ahead of a week that includes a race by lawmakers on Capitol Hill to pass a stopgap government funding\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=83732\" \/>\n<meta property=\"og:locale\" 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