Disney, Snap Earnings On Tap; France, Fed in Focus

Valeant Pharmaceuticals (VRX), NVIDIA Corporation (NVDA), and a slew of retail stocks will also be in focus after earnings

May 4, 2017 at 10:28 AM
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It's set to be another busy week on Wall Street, with a handful of notable companies stepping up to the earnings plate, including Walt Disney Co (NYSE:DIS), NVIDIA Corporation (NASDAQ:NVDA), Snap Inc (NYSE:SNAP) -- its first as a publicly traded company -- and a handful of retailers. In addition, stocks around the world could react to the second round of the French presidential election, which takes place on Sunday, May 7, while several Fed members will speak after the recent decision to stand pat on interest rates.

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.

The week kicks off on Monday, May 8, with speeches from St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester. Traders will also be digesting the latest presidential election results out of France. AMC Entertainment (AMC), Hecla Mining (HL), Hertz Global (HTZ), JD.com (JD), Kite Pharma (KITE), Marriott (MAR), Newell Brands (NWL), Pandora Media (P), Sysco (SYY), and Tyson Foods (TSN) will report earnings.

On Tuesday, May 9, Wall Street will digest the Job Openings and Labor Turnover Survey (JOLTS) and wholesale inventories reports. Boston Fed President Eric Rosengren and Dallas Fed President Robert Kaplan will step up to the mic. Reporting earnings will be Walt Disney (DIS), NVIDIA (NVDA), Valeant Pharmaceuticals (VRX), Allergan (AGN), Canadian Solar (CSIQ), Electronic Arts (EA), Fossil (FOSL), Priceline (PCLN), Silver Wheaton (SLW), SunPower (SPWR), TripAdvisor (TRIP), Wayfair (W), and Yelp (YELP). 

Rosengren will again speak on Wednesday, May 10, and the Treasury budget, import and export data, and weekly crude inventories report will be released. Snapchat parent Snap (SNAP) will report earnings for the first time. Also reporting will be Crocs (CROX), Ctrip.com (CTRP), Dillard's (DDS), MannKind (MNKD), Mylan (MYL), Sodastream (SODA), Sothebys (BID), Toyota Motor (TM), Wendy's (WEN), and Whole Foods Market (WFM).

On Thursday, May 11, New York Fed President William Dudley continues the theme of Fed speeches, and traders will weigh the producer price index (PPI) and weekly jobless claims. Retailers will be in the earnings spotlight, including  Kohl's (KSS), Macy's (M), and Nordstrom (JWN), with CyberArk Software (CYBR), Royal Gold (RGLD), and Teva Pharmaceutical (TEVA) also set to report.

On Friday, May 12, the consumer price index (CPI) and April retail sales headline the economic calendar, with data on business inventories and consumer sentiment also slated for release. Chicago Fed President Charles Evans and Philadelphia Fed President Patrick Harker will round out the list of central bank speakers. J.C. Penney (JCP) and ArcelorMittal (MT) will wrap up the week's earnings reports.
 

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