MMR

Last Week of April Packed Full with Big Tech Earnings, Indicators

The latest Federal Reserve interest rate decision is also on tap

Digital Content Manager
Apr 22, 2021 at 1:00 PM
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The last week of April is on the horizon, and a slew of economic indicators are coming along with it. Investors will start the week sifting through durable and core capital goods orders right off the bat, and then dive into the Case-Shiller home price index. Later on, all eyes will be on the latest Federal Reserve interest rate decision, in addition to initial and continuing jobless claims data. Further, traders will monitor the Chicago purchasing managers' index (PMI) and core inflation. The earnings confessional will be packed full of big names, too, including 3M (MMM), Alphabet, (GOOGL), Apple (AAPL), Eli Lilly (LLY), Tesla (TSLA) and Pinterest (PINS). 

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

The week starts off on Monday, April 26, with durable and core capital goods orders.

On Tuesday, April 27, investors will be looking forward to the Case-Shiller year-over-year home price index, the consumer confidence index, and the home ownership rate.

Wednesday, April 28, features the latest interest rate decision, with Federal Reserve Chair Jerome Powell set to give a press conference at  2:30 p.m. ET. Separately, an advanced report on trade in goods is due out.

As it is customary, Thursday, April 29 brings initial and continuing jobless claims data. Plus, pending home sales data is slated for release, as well as a gross domestic product (GDP) update.

Though the week comes to an end on Friday, April 30, the day will still be jam-packed with economic indicators. For starters, the employment cost and consumer sentiment indexes are on tap, in addition to  the Chicago purchasing managers' index (PMI). Plus, traders will be expecting core inflation, consumer spending, and personal income data.

 

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