What to Watch This Week: Federal Reserve Decision, Adobe Earnings

For the week of Dec. 12, investors await a key Federal Reserve meeting and quarterly results from a host of major companies.

Author:: Scott Gamm
Publish date:: Dec 11, 2016 10:03 AM EST

For the week of Dec. 12, investors await a key Federal Reserve meeting and quarterly results from a host of major companies. On Wednesday, the Federal Reserve wraps up its December meeting. Most market participants expect the central bank to announce a rate hike, marking the second rate increase since the 2008 recession. Chair Janet Yellen will hold a press conference and the central bank is set to release rate hike projections for 2017. Also on Wednesday, November retail sales are released, which are expected to rise 0.5%, while industrial production figures for November are unveiled. On Thursday, the markets await weekly jobless claims. As for earnings, on Monday, VeriFone (PAY) releases results. On Wednesday, the markets await earnings from Pier 1 Imports (PIR) - Get Report . On Thursday, investors will be keeping an eye on quarterly earnings from Adobe (ADBE) - Get Report , Jabil Circuit (JBL) - Get Report and Oracle (ORCL) - Get Report . TheStreet's Scott Gamm reports from Wall Street.