Fed Minutes, Jobs Data Highlight First Full Week of October

Investors will also be expecting some inflation data

Digital Content Manager
Oct 1, 2020 at 2:30 PM
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With a tumultuous month of September finally behind us, the first full week of October won't offer much of a breather as coronavirus and election concerns escalate. The economic calendar will feature a Fed update, and investors will also be keeping an eye on crude oil inventories and energy data. The earnings docket features just a small handful of big names stepping into the limelight, including Delta Air Lines (DAL) Domino's Pizza (DPZ) and Levi Strauss (LEVI).

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.

The week jumpstarts on Monday, October 5 with the non-manufacturing Purchasing Managers' Index (PMI) due out. There are no notable earnings reports on deck.

On Tuesday, October 6, investors will be looking ahead to the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS) job openings data, as well as a weekly crude oil update. The U.S. Energy Information Administration (EIA) will also provide a short-term energy outlook. Later that day, LEVI will step into the earnings confessional.

By Wednesday, October 7, the Fed's meeting minutes are set to be released. Crude oil inventory data is due out as well. No earning reports of note are on tap.

The calendar slows down on Thursday, October 8, with only the weekly jobless claims on tap. The earnings docket looks a bit more interesting, with Acuity Brands (AYI), DAL and DPZ se to report earnings.

And finally on Friday, October 9, the United States Department of Agriculture will release its monthly forecast. There are no earnings reports expected that day.

 

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