Next Week's Macro Outlook: Fed Silent Mode, Big Earnings Week for U.S. Stocks Wall Street started to wobble this week, reassessing the seemingly 'unbreakable' performance of the U.S. economy. On Friday, tech stocks faced widespread sell-offs, capping off a weak week for the markets. The Nasdaq Composite fell 4.5% this week, marking its worst weekly performance since June, while the S&P 500 dropped 1.1% on Friday and 1.9% for the week. Here are the key events the market will focus on in the coming week (all times in Beijing Time): - Thursday: Bank of Korea announces its interest rate decision - Thursday 00:00: ECB President Christine Lagarde speaks - Thursday 22:00: Eurozone October Consumer Confidence Index (preliminary), U.S. September Conference Board Leading Index (MoM) - Friday 14:00: U.K. September Retail Sales (MoM, seasonally adjusted) - Friday 21:45: U.S. October S&P Global Manufacturing/Services PMI (preliminary) - Friday 22:00: U.S. October University of Michigan Consumer Sentiment Index (final), U.S. October 1-Year Inflation Expectations (final) The Federal Reserve has entered its blackout period ahead of the October 27-28 FOMC meeting. Next week, around 70 S&P 500 companies are set to report earnings. Key names like Tesla ($TSLA), Meta Platforms ($META), Western Digital ($WDC), and AT&T ($T) will release their results.