Trump Jr. defends Russia meeting in interview

1. Earnings deluge continues. Get ready for an earnings-paloooza. Big names through tech, food, retail as well as energy will redeliver their quarterly financial reports next week.

Investors will be keen to see how Whole Foods as well as Amazon fare following their big merger announcement — especially how Amazon will impact Blue Apron as well as various other retail stocks.

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Chipotle will Discharge its earnings on Tuesday following a brand new round of bad press: Mice in Dallas as well as more sick customers in Virginia. Also up: Alphabet, Facebook, Verizon, GM as well as Boeing.

2. Fed decision. Will Fed chair Janet Yellen pick up the pace on interest rate hikes? Yellen testified a few weeks ago which despite low inflation — as well as the “source of uncertainty” which is usually Trump policy — the U.S. economy is usually pretty strong overall. She hinted which the Fed could possibly raise interest rates for a third time This specific year, however remain low enough to accommodate more growth.

3. GDP. The second quarter was probably much more robust for the U.S. economy than the first quarter — however not close to the 4% growth which the Trump administration had promised.

Economists forecast which the economy grew 2.7% within the second quarter, up through a tepid 1.4% within the first quarter.

Related: Fed chief Janet Yellen says Trump policies are a “source of uncertainty”

4. Coming next week:

Monday — Jared Kushner interviewed by Senate Intelligence Committee; Alphabet (GOOGL, Tech30), Hasbro (HAS) earnings
TuesdayMcDonald’s (MCD), GM (GM), AT&T (T, Tech30), Chipotle (CMG) earnings
Wednesday — Fed decision; Donald Trump Jr. as well as Paul Manafort testify; Boeing (BA), Coca-Cola (KO), Ford (F), Facebook (FB, Tech30), Whole Foods (WFM) earnings
ThursdayVerizon (VZ, Tech30), Amazon (AMZN, Tech30) earnings
Friday Exxon (XOM), Chevron (CVX) earnings; GDP report

sy88pgw (San Francisco) First published July 23, 2017: 8:13 AM ET