Though the earnings season is starting to wind down, major names are still reporting
Economic indicators and earnings reports from some major names will keep trickling in throughout the second week of August, though at a much slower pace, as the earnings season starts to wind down. Some of the biggest companies to report quarterly earnings are 3D Systems (DDD), Airbnb (ABNB), BioNTech (BNTX), Chegg (CHGG), Coinbase Global (COIN), eBay (EBAY), Nio (NIO), and Walt Disney (DIS), to name only a few. In terms of indicators, investors will be looking ahead to job openings, productivity, and unit labor data. Plus, the producer and core consumer price index are due out, alongside the latest round of initial and continuing jobless data.
The week will be off to a slow start on Monday, August 9, though job openings data is still on tap.
The pace picks up on Tuesday, August 10, with the National Federation of Independent Business' (NFIB) small-business index, as well as preliminary productivity, and unit labor costs data.
Wednesday, August 11 brings the core consumer price index (CPI) and a federal budget balance update.
Another fresh round of Initial and continuing jobless claims are due out Thursday, August 12, in addition to the producer price index.
Lastly on Friday, August 13, investors will be keeping an eye on the import price index, and the University of Michigan's consumer sentiment index.