More Critical Jobs Data on Tap Next Week

Nonfarms payroll data is due out Friday

by Patrick Martin

Published on Mar 26, 2020 at 3:47 PM
Updated on Mar 26, 2020 at 3:56 PM

It will be April next week, with many investors probably hoping April Fools Day erases the last two months on Wall Street. There's plenty to unpack, as Wall Street continues to slog through a coronavirus-induced slowdown. Jobs data will take center stage, with the ADP employment report on Wednesday and nonfarm payrolls data capping off the week on Friday. There are also a few quarterly earnings reports on tap next week, with Walgreens Boots Alliance (WBA) and Chewy (CHWY) taking center stage.

Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

It will be a slow start to the week on Monday, March. 30, with pending home sales the only data on tap. Cal-Maine Foods (CALM) will report earnings.

Due out on Tuesday, March 31 is the Case-Shiller home price index, the Chicago purchasing managers index (PMI), and consumer confidence data. ConAgra (CAG) will report earnings.

Wednesday, April 1, will bring a jam-packed slate featuring the ADP unemployment report, weekly crude inventories, and the Markit manufacturing PMI. There's also the Institute for Supply Management's (ISM) manufacturing index, construction spending, and data on motor vehicle sales. The earnings docket for the day is bare.

Thursday, April 2, will deliver weekly jobless claims, and factory orders data. Walgreens Boots Alliance, CarMax (KMX), and Chewy (CHWY) will all step into the earnings confessional. 

The week ends with a flourish on Friday, April 3. There's the nonfarm payrolls report, the Markit services PMI, the unemployment rate for March, and the ISM non-manufacturing index all ready for release. Constellation Brands (STZ) will report earnings.

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