Updates on existing home sales and new home sales are also due
All eyes will continue to be on the Federal Reserve next week, with New York Fed President William Dudley kicking off a busy week of speeches from central bank officials. Wall Street will be looking for more clues as to when and how the Fed will shrink its balance sheet and raise interest rates, following this week's latest policy announcement. And while earnings season is all but over, several high-profile names are still waiting in the wings, including FedEx Corporation (NYSE:FDX) and BlackBerry Ltd (NASDAQ:BBRY).
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.
On Monday, June 19, Dudley and Chicago Fed President Charles Evans will speak. There are no notable earnings reports due.
Central bank officials will dominate the conversation on Tuesday, June 20, with Fed Vice Chair Stanley Fischer, Boston Fed President Eric Rosengren, and Dallas Fed President Robert Kaplan set to take the mic. On the earnings front, Adobe (ADBE), FedEx (FDX), La-Z-Boy (LZB), Lennar (LEN), and Red Hat (RHT) will report.
Wednesday, June 21, will bring the release of existing home sales and the weekly crude inventories update. CarMax (KMX) and Oracle (ORCL) are slated to step into the earnings confessional.
Weekly jobless claims are set for release on Thursday, June 22. Barnes & Noble (BKS), Bed Bath & Beyond (BBBY), and Sonic (SONC) will headline the earnings marquee.
Friday, June 23, will bring speeches from St. Louis Fed President James Bullard and Cleveland Fed President Loretta Mester. The Markit flash composite purchasing managers index (PMI) and new home sales are also due. BlackBerry (BBRY) and Finish Line (FINL) will report earnings.