Costco Wholesale's earnings announcement, S&P 100 rebalancing and the US-China summit will be the focus next week. While remaining alert to developments including the Federal Reserve's rate-hike outlook, the market will seek further information.
Costco Wholesale is scheduled to announce its earnings after market close on Thursday, 24 September, one of the key points to watch next week. Analysts are reportedly monitoring the membership renewal rate as a barometer of consumer economic conditions.
At the same time, the S&P 100's rebalancing has become a topic of discussion. In this context, the market is focused on changes to the index constituents and developments in the review of their weightings.
In economic terms, the Federal Reserve's rate-hike outlook remains a key focus for the market. The 0.25% rate hike decided at the Federal Reserve's September meeting has been cited as a backdrop to future policy management.
Attention is also focused on developments surrounding the US-China summit. Progress in dialogue between the two countries and the content of any announcements are viewed as potentially affecting the market.