The S&P 500 (^GSPC) is poised for its first weekly drop in seven weeks as investors brace for “Magnificent Seven” earnings and October’s jobs report ahead. Shares of Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, are plunging after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry (TPR). Apple (AAPL) has returned to the top 5 smartphone ranking in the country, according to International Data Corporation. Yahoo Finance trending tickers include SoFi Technologies (SOFI), Deckers Outdoor (DECK), and DexCom (DXCM).
Key guests include:
9:00 a.m. ET – Lou Basenese, MDB Capital President & Chief Market Strategist
9:45 a.m. ET – Scott Krisiloff, The Transcript Founder
10:00 a.m. ET – Nancy Tengler, Laffer Tengler Investments CEO & CIO
10:50 a.m. ET – Scott Keogh, Scout Motors CEO
11:00 a.m. ET – Jeremy Bryan, Gradient Investments Senior Portfolio Manager