The Week Ahead: Emergency EU Meeting; NIKE, BlackBerry Report

Traders will eye an emergency EU meeting, as well as NKE and BBRY earnings

by Mark Fightmaster

Published on Jun 18, 2015 at 4:41 PM
Updated on Jul 6, 2020 at 11:15 AM

Monday's emergency meeting of eurozone finance ministers could set the tone next week, while housing and gross domestic product (GDP) data will highlight the domestic calendar. Earnings are light again, but some names of note include Nike Inc (NYSE:NKE), BlackBerry Ltd (NASDAQ:BBRY), Carnival Corp (NYSE:CCL), Monsanto Company (NYSE:MON), and Micron Technology, Inc. (NYSE:MU).

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

Monday, June 22

Traders will be watching a special summit of eurozone finance ministers, who are meeting to discuss Greece's debt situation. On the home front, investors will digest the existing home sales report for May. After the close, fast-food firm Sonic (NASDAQ:SONC) will report earnings.

Tuesday, June 23

Durable goods data and new home sales will hit the Street Tuesday morning, as well as the flash purchasing managers manufacturing index (PMI). The earnings announcements of note all take place ahead of the opening bell, with BlackBerry (NASDAQ:BBRY), Carnival (NYSE:CCL), and Darden Restaurants (NYSE:DRI) all reporting quarterly results.

Wednesday, June 24

The final first-quarter GDP figures will be released before the open. The weekly crude inventories report will also hit the Street. As for earnings, Monsanto (NYSE: MON) and Lennar (NYSE:LEN) will announce before the bell, while Bed Bath & Beyond (NASDAQ:BBBY) and Worthington (NYSE:WOR) will make investors wait until after the close.

Thursday, June 25

Weekly jobless claims, as well as personal income and spending data, will be in focus Thursday. Dow component Nike (NYSE:NKE), Accenture (NYSE:ACN), Barnes & Noble (NYSE:BKS), and Micron Technology (NYSE:MU) will report earnings. 

Friday, June 26

The news week comes to a close with a whimper, with just the final Thomson Reuters/University of Michigan consumer sentiment index. Finish Line (NASDAQ:FINL) will report ahead of the opening bell.


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