3 Things to Watch in the Stock Market This Week
Stocks rose last week, with both the S&P 500 (SNPINDEX: ^GSPC) and the Dow Jones Industrial Average (DJINDICES: ^DJI) inching further into record territory. Investors were generally happy with the deluge of third-quarter earnings announcements and economic data that implied robust consumer confidence. That optimism sent indexes higher by more than 1% last week.
Earnings season continues in the week ahead. Below, we'll take a look at the metrics that promise to send shares of Monster Beverage (NASDAQ: MNST), Shake Shack (NYSE: SHAK) and Activision Blizzard (NASDAQ: ATVI) moving over the next few trading days.
Investors are optimistic heading into Shack Shack's third-quarter report on Monday. The "better burger" upstart has recently returned to sales growth at existing locations by achieving something that's rare in the industry these days: increasing customer traffic.
Source Fool.com
