The Fed meeting may have come and gone, but the final stretch of September still offers plenty of data for Wall Street to digest. The last full week of the month features the latest second-quarter gross domestic product (GDP) reading, along with more housing market data, and closely watched consumer spending stats.
On top of that, numerous Fed presidents will speak throughout the week, as investors await commentary and updated outlooks following last week's rate cut. And as if that's not enough, big names like Micron Technology (MU), Nike (NKE), and BlackBerry (BB) are set to step into the earnings confessional.
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, Sept. 23, things kick off with Markit's flash composite purchasing managers index (PMI), as well as speeches from New York Fed President John Williams, St. Louis Fed President James Bullard, and San Francisco Fed President Mary Daly. Cantel Medical (CMD) is one of the few confirmed earnings reports for the day.
Tuesday, Sept. 24, brings the S&P CoreLogic Case-Shiller home price index and the Conference Board's consumer confidence index. Nike, AutoZone (AZO), BlackBerry, CarMax (KMX), IHS Markit (INFO), Manchester United (MANU), and Nio (NIO) will all report earnings.
Chicago Fed President Charles Evans and Dallas Fed President Robert Kaplan will take the mic at separate events on Wednesday, Sept. 25. In addition, weekly crude inventories and new home sales data are on deck. Earnings from AAR (AIR), H.B. Fuller (FUL), and KB Home (KBH) are due out.
The final second-quarter GDP reading will be the headline economic report on Thursday, Sept. 26, but we'll also hear the latest updates on international trade, pending home sales, and weekly jobless claims. Kaplan and Bullard will speak again in the morning, while Daly and Minneapolis Fed President Neel Kashkari are slated to make remarks in the afternoon. Traders can expect quarterly reports from Micron, Accenture (ACN), and Conagra Brands (CAG).
Durable goods orders, the University of Michigan consumer sentiment index, personal income, consumer spending, and the personal consumption expenditure (PCE) price index will wrap up the week on Friday, Sept. 27. Philadelphia Fed President Patrick Harker will speak at an event in New York. There are no earnings reports of note.