All eyes will be on the Fed after its highly anticipated September meeting
The Federal Open Market Committee's (FOMC) highly anticipated September meeting will more than make up for a quiet earnings calendar. A September rate hike has dominated Wall Street whispers for months, and it's finally time for Janet Yellen & Company to provide some answers.
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, 9/14
There are no major economic reports on tap.
United Natural Foods (UNFI) will reveal its quarterly results.
Tuesday, 9/15
The news week starts on Tuesday, with retail sales, the Empire State manufacturing survey, industrial production and capacity utilization, and business inventories data all on the slate.
There are no notable earnings scheduled.
Wednesday, 9/16
The consumer price index (CPI) will be released Wednesday morning, as will the NAHB housing market index and the regularly scheduled crude inventories report. All eyes will be on the FOMC as it begins its two-day monetary policy meeting.
FedEx (FDX), Cracker Barrel (CBRL), Analogic (ALOG), and
Oracle (ORCL) will all step into the earnings spotlight.
Thursday, 9/17
Housing starts are on the docket for Thursday, as is the Philadelphia Fed's business outlook survey and weekly jobless claims.
The major news event of the day will take place at 2 PM ET, when the Fed will answer THE big question: Are interest rates going up for the first time in years? At 2:30 PM ET, Fed Chair Janet Yellen will offer more insight.
As for earnings, Rite Aid (RAD) and Adobe Systems (ADBE) will headline.
Friday, 9/18
It's quadruple witching Friday -- when stock index futures, stock index options, stock options, and single stock futures expire. On the economic front, just the Conference Board's index of leading economic indicators is on tap.
There are no earnings of note.