From Reuters.com

The day ahead: Wednesday

Photo
-

Investors will eye Google and Apple as they display their wares and await  the possible return of Apple’s master showman CEO Steve Jobs at a media event.

*  Google is set to brief investors in a Webcast about search and monetization. While the company made its fortune on Internet search ads, Wall Street is increasingly eager for signs that the company’s other money-making bets will pay off.

*  Apple’s annual September gathering may or may not feature master showman CEO Steve Jobs. While revamped iPods are again on tap this year, much of the focus is stuck on whether Jobs will make his first public appearance since taking medical leave in January.

*  Shops start selling of “The Beatles: Rock Band”, one of the most highly anticipated new video games this year.

The day ahead: Friday

Photo
-

Consumer spending and income data will be closely watched, along with a gauge of consumer sentiment, Tiffany results, and reaction to Apple’s new operating system.

*  July personal income and spending data will provide more clues on the likely durability of any economic recovery. Personal income probably rose  0.2 percent compared with a year earlier after a drop of 1.3 percent the previous month, according to Reuters polling.

  •