By laksh5382 
The main attraction on Wall Street in the coming week US Federal Reserve Last monetary policy decision of this year. It is expected that the central bank will cut interest rates for the third time since September.
Apart from the Fed decision, market participants will have plenty of economic data to look forward to, including retail sales, Q3 GDP growth, personal income and PCE (personal consumption expenditure) index.
Amidst the earnings, some big companies are going to announce their quarterly results, including Micron Technology, FedEx, etc. accentureAnd Nike.
economic calendar
On December 16 (Monday), separate reports will be released on the Empire State Manufacturing Survey for December, S&P Flash US Services PMI and S&P Flash Manufacturing PMI for December.
On December 17 (Tuesday), separate reports will be released on US Retail Sales for November, Industrial Production for November and Home Builder Confidence Index for December.
The FOMC interest rate decision will be announced on December 18 (Wednesday) and Fed Chairman Jerome Powell’s press conference is also scheduled.
GDP (2nd revision) Q3 and existing home sales data for November will be unveiled on December 19 (Thursday).
On December 20 (Friday), separate reports will be released on personal income (nominal) and personal expenditure (nominal) for November, PCE index for November and consumer sentiment (final) for December.
Income
The following companies are scheduled to report third-quarter earnings in the coming week – Heico, Amentum Holdings, Worthington Enterprises, Micron Technology, Lennar, General Mills, Jabil, Toro, Accenture, Nike, Cintas, FedEx, Paychex and Winnebago.
last week market
American stocks closed weak on Friday. The Dow Jones Industrial Average fell 86.06 points, or 0.20%, to 43,828.06, the S&P 500 lost 0.16 points, or 0.12%, to 6,051.09 and the Nasdaq Composite added 23.88 points, or 0.12%, to 19,926.72.
The yield on 10-year Treasuries rose to 4.40% from 4.34%.
Oil prices climbed nearly 2% on Friday on hopes that additional sanctions on Russia and Iran could ease supply shortages.
Brent futures rose $1.08, or 1.5%, at $74.49 a barrel. U.S. West Texas Intermediate crude rose $1.27, or 1.8%, at $71.29.