Fed Speeches the Main Focus on Wall Street for Labor Day Week

The earnings calendar is relatively thin for next week

by Josh Selway

Published on Aug 31, 2017 at 10:15 AM
Updated on Aug 31, 2017 at 10:15 AM

With few notable companies featured on the upcoming week's earnings slate, investors will be forced to focus on economic data. More specifically, the holiday-shortened week is dominated by a slew of speeches from regional Fed presidents, including four on Thursday alone. Meanwhile, Kroger Co's (NYSE:KR) release on Friday is likely the most noteworthy part of the week's earnings calendar. 

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 U.S. stock market will be closed on Monday, Sept. 4, for Labor Day

On Tuesday, Sept. 5, factory orders will hit the Street. Traders will also hear from Fed Governor Lael Brainard, Minnesota Fed President Neel Kashkari, and the Dallas Fed President Robert Kaplan. Hewlett Packard (HPE) will release earnings. 

For Wednesday, Sept. 6, the economic calendar features international trade data, the Institute for Supply Management (ISM) non-manufacturing index, and the Fed's Beige Book. Fred's (FRED), G-III Apparel (GIII), JinkoSolar (JKS), and Verint Systems (VRNT) make up the earnings calendar. 

Weekly jobless claims, productivity and labor costs, and the regularly scheduled update on domestic crude inventories come out on Thursday, Sept. 7. Plus, Atlanta Fed President Raphael Bostic, New York Fed President William Dudley, Kansas City Fed President Esther George, and Cleveland Fed President Loretta Mester will all speak throughout the day. Barnes & Noble (BKS), Finisar (FNSR), Navistart (NAV), VeriFone (PAY), and Zumiez (ZUMZ) are the companies that'll report earnings. 

Philadelphia Fed President Patrick Harker will talk on Friday, Sept. 8, and Kroger (KR) will round of the earnings schedule. 

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