The Week Ahead: Fed Lights Up Holiday-Shortened Week

June's nonfarm payrolls report and the Fed's meeting minutes make the holiday-shortened week worth monitoring

by Josh Selway

Published on Jun 30, 2016 at 1:40 PM
Updated on Jul 6, 2020 at 11:23 AM

While U.S. stock markets will be closed next Monday for the Fourth of July holiday, and the earnings docket is relatively bare in the days following, there's still important economic data to pay attention to next week. Specifically, the minutes from the Federal Open Market Committee's (FOMC) June meeting will come out on Wednesday, while the always-important nonfarm payrolls report is due out on Friday. 

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, July 4

U.S. markets will be closed Monday for the Independence Day holiday. 

Tuesday, July 5

Tuesday's economic docket features factory orders. There are no notable earnings releases. 

Wednesday, July 6
 

The FOMC June meeting minutes will be released on Wednesday afternoon. The Institute for Supply Management's (ISM) non-manufacturing index and international trade data will also come out. As for earnings, Walgreens Boots Alliance (WBA) is set to step into the spotlight. 

Thursday, July 7

Weekly jobless claims will hit the Street on Thursday, as will ADP's private-sector employment report. The weekly update on domestic crude inventories will be released, as well. PepsiCo (PEP) and Barracuda Networks (CUDA) will report earnings. 

Friday, July 8

On Friday, traders will digest the Labor Department's nonfarm payrolls report for June. There are no notable earnings reports scheduled. 

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