Alibaba, Disney, and Yeti will report earnings
It's been an eventful first quarter, with no shortage of earnings reports and economic data. With that being said, May's second week will be a relatively quiet one. It'll be a slow builder, as economic data trickles in over the course of the week, but looking ahead, investors have some job openings data to pair with more initial and continuing jobless claims. In addition, there's a Federal budget balance report due out, as well as consumer sentiment and retail sales data. The earnings docket is full as well, with Airbnb (ABNB), Alibaba (BABA), JD.com (JD), The Children's Place (PLCE), Walt Disney (DIS), and Yeti Holdings (YETI) all slated to report.
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
Kicking things off, Monday, May 10 is a quiet day, with no economic data on the books.
Things start to pick up on Tuesday, May 11, as investors digest the latest National Federation of Independent Business' (NFIB) small-business index reading, as well as job openings data.
On Wednesday, May 12, attention turns toward the consumer price index (CPI) and core CPI readings. In addition, the latest Federal budget balance is due out.
More initial and continuing jobless claims data are due out on Thursday, May 13. Plus, with inflation a hot topic of late, the producer price index (PPI) will garner some much earned attention.
It'll be an absolutely packed Friday, May 14, featuring retail sales, the import price index, and industrial production. Consumer sentiment, business inventories, and capacity utilization reports are also slated for release.