Existing home sales data is due out next week
Next week will be a relatively quiet one in terms of economic data, though the National Association of Home Builders' (NAHB) index is due out. Investors will also have another round of jobs and house sales data to digest as the month of July progresses. Earnings season is starting to pick up steam, too, with several big names scheduled to release their quarterly reports, including American Express (AXP), Biogen (BIIB), Chipotle Mexican Grill (CMG), Coca-Cola (KO), Intel (INTC), Johnson & Johnson (JNJ), Netflix (NFLX), Travelers (TRV), United Airlines (UAL), and Verizon (VZ).
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
Monday, July 19 will bring the NAHB index.
Data on building permits and housing starts will be released on Tuesday, July 20.
The economic calendar looks bare on Wednesday, July 21, with no relevant data set to come out.
Things will pick back up on Thursday, July 22, with initial and continuing jobless claims, existing home sales data, and the index of leading economic indicators.
Friday, July 23 wraps up with the Markit manufacturing purchasing managers' index (PMI), as well as the services PMI.