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Earnings Season Heats Up as Jobs Report Looms

Guavy AI Editorial Team
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MCD
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Corporate earnings from top US companies and key jobs reports will dominate Wall Street this week. The latest batch of profit updates could provide investors with a clearer picture of household spending amid high inflation.

On Monday, Clorox and Marriott International will report their latest results. On Tuesday, Elon Musk's SpaceX and McDonald's will release their earnings. Expedia Group reports its results on Wednesday.

More than half of S&P 500 companies have already reported their quarterly earnings, with profit growth being strong. The latest round of profits could serve as a gauge for whether the rising stock values are justified.

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