Semiconductor and financial sector earnings kick off the week, with TSMC and ASML reporting alongside Goldman Sachs and JPMorgan.
Taiwan Semiconductor Manufacturing Co (TSMC) and ASML will report earnings this week, marking the start of semiconductor sector results. TSMC stock has climbed above its 21-day exponential moving average following a breakout on April 22, signaling momentum in the chipmaker’s shares.
The reports coincide with major financial earnings, including Goldman Sachs and JPMorgan, which are set to release results early Tuesday. The S&P 500 and Nasdaq posted solid gains last week despite mixed market performance, with Delta Air Lines declining despite strong guidance.
Investors will watch for cues on semiconductor demand and financial sector health, as both sectors play key roles in broader market trends.