Today's Stock Market News & Events: 8/23/2021

Today's market-moving economic data and earnings schedule

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With the height of the earnings season just now behind us, there will still be more than enough economic data to unpack this week. More specifically, the Markit manufacturing purchasing managers' index (PMI) is due out, in addition to new and existing home sales, personal income, and consumer goods data. Plus, initial and continuing jobless data remains on tap, as well as a gross domestic product (GDP) revision.

As for earnings, a few big names are yet to report, including Abercrombie & Fitch (ANF), Best Buy (BBY), Dick's Sporting Goods (DKS), Dollar General (DG), Dollar Tree (DLTR), JD.Com (JD), Palo Alto Networks (PANW), Peloton (PTON), Salesforce (CRM), Snowflake (SNOW), Ulta Beauty (ULTA), Urban Outfitters (URBN), and Williams-Sonoma (WSM).

Today brings both the Markit manufacturing and services PMI, as well as existing home sales data.

The following companies are slated to release quarterly earnings today, August 23:

JD.com Inc. (NASDAQ:JD -- $63.62) operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. JD.com will report its Q2 earnings of 2021 before the bell today.

Madison Square Garden Entertainment Corp. (NYSE:MSGE -- $62.43) engages in the entertainment business. Madison Square Garden will report its Q4 earnings of 2021 before the bell today.

Palo Alto Networks Inc. (NYSE:PANW -- $367.46) provides cybersecurity platform solutions worldwide. Palo Alto Networks will report its Q4 earnings of 2021 after the market closes today.

Looking ahead to tomorrow, only new home sales data is on tap.

All economic dates listed here are tentative and subject to change.

 

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