Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks

Housing sector data


The Market Glance for December 18: Roaring Housing Sector to End the Year in Style

Asif Imtiaz Dec 18, 2017

A number of last-moment but important corporate earnings will hit the market this week, but some of the large-cap corporations reporting their last-quarter earnings might dampen the mood before the holidays.

Some household brand names in America, FedEx Corporation (FDX ), General Mills, Inc. (GIS ), and Nike, Inc. (NKE ), will report their quarterly earnings throughout the week, but most of them are expected to report considerably lower earnings per share compared to the same quarter last year. However, some of these businesses have fluctuating revenue curves due to seasonality, and we wouldn’t worry too much, as the year is likely to end with some solid macroeconomic data from the housing sector.

To sum up, if the housing sector data comes out as expected, expect some bullishness in the market after Wednesday to finish off the week on a positive note ahead of the Christmas holidays.

Check out last week’s Market Glance here, in which investors focused on the Q3 earnings of Costco.

To read the Full Story, Go Premium or Log in

Popular Articles