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Investing.com – Here's an overview of the top 3 things that could upset the markets tomorrow.
1. Dip the alphabet despite a strong time
Google's parent, Alphabet (NASDAQ :), could weigh tomorrow on the technology sector as a whole.
The company released a quarterly report that exceeded expectations, while revenues were also ahead of expectations.
But the stock is sold after the publication of the figures. Although overall profits seemed very high, Alphabet did not live up to what Wall Street was looking for.
Alphabet was down about 2% in post-trade exchanges.
2. PMI ISM services seen a little lower
The culmination of tomorrow's economic calendar is the Institute of Supply Management's PMI (PMI), which arrives at 10:00 (ET) (15:00 GMT).
Economists expect the measure to drop slightly to 57 in January.
Investors will also pay attention to the price measurement of non-manufactured products, given the sharp drop in manufacturing prices on Friday.
3. Viacom, Ralph Loren) about to report
Viacom (NASDAQ 🙂 is among the headlines of future profits for tomorrow's trading.
On average, badysts expect a turnover of about $ 3.1 billion, or $ 1.03 per share for the media company.
At the end of January, Viacom announced the acquisition of the Pluto TV streaming service for $ 340 million in cash.
Ralph Lauren Garment Company (NYSE 🙂 will also be issued.
Analysts expect $ 2.14 per share and a business figure of about $ 1.66 billion.
Equities have declined in the last three months, but recovered after losing consciousness in late December, as well as in the overall market.
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