Results Week | Weekly Extract January 25

Weekly summary from January 18 to 22

The US equity market closed the week in positive territory. The main US stock market indexes set new all-time highs.

In Europe, the main financial markets closed the week mixed. The Spanish benchmark index, Ibex35has had the worst performance of the week with a -2.5% drop.

A week of results

This week is marked as one of the busiest due to the number of companies reporting fourth quarter 2020 results. It is the turn of companies with a significant weighting in the S&P500 such as. Apple, Amazon, Google, Microsoft, Tesla, Microsoft, Teslaamong others.

For now, the 82% of S&P500 companies that have already reported fourth-quarter 2020 results have beaten analysts' expectations. This is the highest percentage since 2008.

One of President Joe Biden's top economic advisors has mentioned that government to lobby democrat and republican senators. With end of passage of the $1.9 trillion stimulus package. As a result, it would help Americans hit by the impact of the pandemic.