Jobs Data, Retail Earnings Slated for Holiday Week

Cloud storage concern Box (BOX) will also report earnings

Managing Editor
May 24, 2018 at 1:15 PM
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Jobs data will highlight the holiday-shortened week, with the highly anticipated nonfarm payrolls report set for release on Friday. In addition, traders will digest the latest gross domestic product (GDP) estimate, and earnings are expected from several retailers, including Dick's Sporting Goods (DKS), Lululemon Athletica (LULU), Michael Kors (KORS), and more.

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.

U.S. markets are closed on Monday, May 28, for Memorial Day.

St. Louis Fed President James Bullard will speak Tuesday, May 29, and the S&P CoreLogic Case-Shiller home price index and data on consumer confidence are expected. For earnings, HP (HPQ), Momo (MOMO), and Salesforce.com (CRM) are lined up.

Wednesday, May 30, will bring a fresh read on GDP, international trade data, the ADP's private-sector employment report, and the Fed's Beige Book. Box (BOX), Chico's (CHS), Dick's Sporting Goods (DKS), DSW (DSW), Five Below (FIVE), Guess? (GES), Michael Kors (KORS), and Tilly's (TLYS) are scheduled to announce quarterly reports.

Thursday, May 31, is a busy day, with the weekly crude inventories report, Chicago purchasing managers index (PMI), weekly jobless claims, pending home sales, personal income and outlays, and the Fed's balance sheet expected. A speech from Atlanta Fed President Raphael Bostic is also on deck.

American Eagle (AEO), Canada Goose (GOOS), Ciena (CIEN), Costco (COST), Dollar General (DG), Dollar Tree (DLTR), Express (EXPR), GameStop (GME), J. Jill (JILL), Lululemon Athletica (LULU), Marvell Technology (MRVL), Ulta Beauty (ULTA), VMware (VMW), and Workday (WDAY) will report earnings.

For Friday, June 1, traders will digest the highly anticipated nonfarm payrolls report, as well as data on motor vehicle sales, construction spending, and the Institute for Supply Management's (ISM) manufacturing survey. On tap for earnings is Abercrombie & Fitch (ANF).

 

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