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Week Ahead - Big tech earnings eyed
US Wall Street will pay close attention to the first look at third-quarter GDP. After two consecutive quarters of negative readings, growth is expected to bounce back into expansion territory with a 2.3% reading. The consensus range for third-quarter GDP is between 1.1% and 3.0%. The October flash PMIs will also closely be watched, with manufacturing activity expected to edge lower but still remain in expansion territory. Service sector activity is expected to tick higher but still remain entrenched in contraction territory. Peak earnings are here and everyone will want to see how mega-cap tech performs and what the ... (full story)
