Friday's nonfarm payrolls report will be the key economic event for the week
Retailers will continue to dominate the earnings spotlight next week, with notable names Abercrombie & Fitch Co. (NYSE:ANF) and American Eagle Outfitters (NYSE:AEO) following in the footsteps of this week's heavy hitters
Home Depot Inc (NYSE:HD) and
Macy's, Inc. (NYSE:M).
Meanwhile, after
a handful of Fed officials weighed in on interest rates this week, San Francisco Fed President John Williams will once again take a turn at the mic ahead of the upcoming Federal Open Market Committee (FOMC) meeting in mid-March. However, all eyes will be looking ahead to the Labor Department's nonfarm payrolls report, hoping for more clues about the strength of the economy.
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, 2/29
The Chicago purchasing managers index (PMI), pending home sales, and the Dallas Fed manufacturing survey will kick off the week's economic reports.
3D Systems (DDD), ACADIA Pharmaceuticals (ACAD), Chimerix (CMRX), Crocs (CROX), Hertz Global (HTZ), Lumber Liquidators (LL), Novavax (NVAX), PTC Therapeutics (PTCT), TASER (TASR), and Workday (WDAY) will step into the earnings confessional.
Tuesday, 3/1
The Markit PMI and Institute for Supply Management (ISM) manufacturing index will be released, as well as construction spending data. Stepping up to the earnings plate are Ascena Retail Group (ASNA), AutoZone (AZO), Bob Evans (BOBE), Dollar Tree (DLTR), JD.com (JD), JinkoSolar (JKS), Kate Spade (KATE), Ross Stores (ROST), Tesco (TESO), and TiVo (TIVO).
Wednesday, 3/2
The Automatic Data Processing (ADP) employment report, the regularly scheduled crude inventories report, and the release of the Fed's Beige Book are due. Additionally, San Francisco Fed President John Williams will speak on his economic outlook in Los Angeles. Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), Costco (COST), SINA Corp (SINA), and Tribune Publishing (TPUB) will report quarterly earnings.
Thursday, 3/3
A busy day for economic reports will include weekly jobless claims, productivity and labor costs data, factory orders, and the ISM non-manufacturing index.
Earnings will also heat up, with Ambarella (AMBA), Barnes & Noble (BKS), Burlington Stores (BURL), Ciena (CIEN), H & R Block (HRB), Joy Global (JOY), Kroger (KR), Smith & Wesson (SWHC), Stratasys (SSYS), and Trina Solar (TSL) among companies reporting.
Friday, 3/4
The week wraps up with the Labor Department's all-important nonfarm payrolls report, as well as international trade data, while
Staples (SPLS) steps into the earnings spotlight.
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