A weak jobs report for March could spark more fears about the U.S. economy
The earnings calendar for next week is relatively quiet, save for releases from Dow component Walgreens Boots Alliance (WBA) and beer maker Constellation Brands (STZ). However, Friday's nonfarm payrolls report for March more than makes up for that, as Wall Street will continue to gauge the health of the U.S. economy amid fears of a slowdown.
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 will kick off on Monday, April 1, with the release of retail sales, the Markit's services purchasing managers manufacturing index (PMI), the Institute for Supply Management (ISM) manufacturing index, business inventories, and construction spending. Cal-Maine Foods (CALM) will report earnings.
Durable goods orders come out on Tuesday, April 2, and earnings will be heard from WBA, Dave & Busters (PLAY), and GameStop (GME).
The ISM non-manufacturing index comes out on Wednesday, April 3, along with the ADP employment report, and the weekly update on domestic crude inventories. There will also be speeches from Atlantic Fed President Raphael Bostic and Minneapolis Fed President Neel Kashkari. For earnings, Acuity Brands (AYI) and Signet Jewelers (SIG) will report.
For Thursday, April 4, the economic calendar has jobless claims and the Fed's balance sheet. Speeches from Cleveland Fed President Loretta Mester and New York Fed President John Williams will be heard, too. As for earnings, numbers will be released from STZ and Duluth Holdings (DLTH).
Then on Friday, April 5, the March jobs report will grab headlines early on, while later in the day Bostic will speak again. There are no notable earnings releases for the day.