Nike Earnings, GDP Data Headline Last Full Week of July

The first-quarter gross domestic product reading will come out later in the week

Digital Content Manager
Jun 17, 2020 at 1:49 PM
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It will be another relatively quiet week on Wall Street, with not much in the way of earnings, save for Nike (NIKE), which will report on Thursday. There will be plenty of economic data for investors to sift through, though. The first-quarter gross domestic product (GDP) reading will be out later in the week, while traders will also keep an eye on another round of jobs data, and the Markit manufacturing purchasing managers index (PMI). Consumer spending figures and home sales are also on tap. 

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.

Monday, June 22 will bring data on existing home sales and the Chicago Fed national activity index. 

New home sales data as well as the Markit manufacturing PMI are due out on Tuesday, June 23, and IHS Markit (INFO) will step into the earnings confessional. 

There's not much on the economic schedule for Wednesday, June 24, though BlackBerry (BB), KB Home (KBH) National Beverage (FIZZ), and Paychex (PAYX) will all post quarterly reports. 

The calendar on Thursday, June 25 will be jam-packed with activity, though, with jobless claims, durable goods orders, core capital orders, international trade data, and the revised first-quarter GDP reading. Earnings reports from Nike and Rite Aid (RAD) will be on tap. 

The schedule on Friday, June 26 will include personal income data, consumer spending numbers, the University of Michigan's consumer sentiment index, and data on core inflation.


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