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US midterm elections, the latest employment data and quarterly earnings from major technology companies are expected to dominate Wall Street's agenda in the week ahead, as investors assess the economic and political developments shaping financial markets. The US midterm elections, scheduled for Tuesday, will determine whether Democrats can wrest control of Congress from President Donald Trump's Republican Party. While Democrats are widely expected to gain control of the House of Representatives, the Senate race remains uncertain. Republicans currently control both chambers of Congress. A change in the balance of power could influence the Trump administration's legislative agenda and introduce fresh uncertainty for financial markets. On the economic front, investors will closely monitor the US employment report for October, scheduled for release on Friday. The data is expected to provide important clues about the health of the labour market and help determine the Federal Reserve's next monetary policy moves. In particular, investors will assess whether employment conditions and wage growth could influence the timing of another interest rate increase by the US central bank. The employment figures will follow encouraging economic data released during the week. Figures published on Thursday showed that the US economy expanded at its fastest pace in a year during the third quarter, supported by resilient consumer spending and increased business investment in artificial intelligence (AI). The Federal Reserve also upgraded its assessment of the US economy while keeping interest rates unchanged this week. Investors will therefore examine the October jobs figures for indications of whether economic growth and labour market conditions could prompt the central bank to maintain its current policy stance or consider further tightening. Corporate earnings will be another major market driver, with several prominent technology and AI companies scheduled to announce their quarterly results. Apple is due to report its earnings on Monday. Shares of the iPhone maker have gained approximately 27% so far this year, making its latest results and outlook particularly important for investors. Other major technology companies expected to announce results include Advanced Micro Devices (AMD), Qualcomm and Palantir Technologies. More than 100 companies listed on the S&P 500 are also scheduled to report their quarterly earnings during the week. These include McDonald's, Amgen and ConocoPhillips. Investors will closely examine revenue growth, profit margins, forward guidance and management commentary to assess corporate performance amid concerns over elevated technology valuations. Technology stocks came under further pressure on Friday as concerns grew that the enthusiasm surrounding artificial intelligence had pushed valuations beyond sustainable levels. The sell-off dragged major US equity benchmarks lower, with the Nasdaq Composite recording the steepest decline. The S&P 500 fell 140.32 points, or 1.8%, to close at 7,580.07. The Dow Jones Industrial Average declined 572.25 points, or 1.1%, to 51,770.31. The Nasdaq Composite dropped 747.73 points, or 2.9%, to settle at 25,437. November 2 (Monday): US Manufacturing PMI for October; ISM Report On Business Manufacturing PMI for October November 3 (Tuesday): Job Openings & Labor Turnover Survey for September November 4 (Wednesday): ADP National Employment Report for October; US Trade Balance for September; US Services PMI for October; ISM Report On Business Services PMI for October November 5 (Thursday): Weekly Jobless Claims November 6 (Friday): Employment Report for October With a distinguished career spanning nearly two decades at the highest levels of financial journalism, Rajendra Kumar Saxena stands as a cornerstone of the editorial leadership team at Livemint.com. In his current capacity as Content Editor, he is responsible for managing the comprehensive editorial lifecycle of the publication. His role is multifaceted, encompassing the strategic selection of high-impact stories, original reporting, and meticulous editing. <br> Furthermore, Rajendra is instrumental in executing a sophisticated Search Engine Optimization (SEO)-driven content strategy, ensuring that the platform's digital content reaches a global audience while maintaining the highest standards of journalistic integrity and accuracy prior to publication. <br> Rajendra’s professional journey is characterized by a profound expertise in a wide array of critical sectors. His analytical depth covers global economics, commodities, and stock market dynamics (across both Indian and United States landscapes). <br> Beyond the financial markets, he possesses a keen understanding of political affairs, banking and finance, foreign affairs, and the rapidly evolving technology sector. <br> His eighteen years journey in financial and business journalism includes a significant tenure at Financialexpress.com and freelance contributions to The Hindu. <br> Currently based in Delhi, Rajendra holds a Master of Journalism degree from the prestigious Makhanlal Chaturvedi National University of Journalism and Communication (MCNUJC). His blend of academic rigor and decades of on-the-ground experience makes him a leading voice in navigating the complexities of today’s financial world. Catch all the Business News , Market News , Breaking News Events, JIO IPO Listing Today LIVE and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Oops! 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