Jam-Packed Week Features Economic Updates, Earnings

Fed Chair Jerome Powell will hold a news conference

Deputy Editor
Sep 16, 2021 at 8:00 AM
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Wall Street can expect a busy start to the latter part of September, as next week is packed full of economic data. On Monday, the National Association of Home Builders' (NAHB) index is due out, while housing data is on the docket for Tuesday. Wednesday things pick up, with a news conference from Federal Reserve Chairman Jerome Powell taking the spotlight. On Thursday, the bulk of next week's data is due out, including highly anticipated jobless claims data and and purchasing managers' index (PMI) updates. Closing the week out on a quiet note, Friday features some new home sales data.

Earnings, meanwhile, continue to trickle in. Next week's dockett features report from Adobe (ADBE), AutoZone (AZO), BlackBerry (BB), Costco (COST), General Mills (GIS), Nike (NIKE), Rite Aid (RAD), and Stitch Fix (SFIX).

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, Sept. 20 will bring the NAHB index.

On Tuesday, Sept. 21,building permits and housing starts data is slated for release.

Wednesday, Sept. 22 is going to be busy, with a report on exisiting home sales, a statement from the Federal Open Market Committee (FOMC), and a news conference from Federal Reserve Chairman Jerome Powell all due out.  

The busiest day of the week, however, is Thursday, Sept. 23, with initial and continuing jobless claims data updates and the Markit manufacturing PMI and Markit services PMI due out. In addition, leading economic indicators, real household net worth, and real nonfinancial debt data is on the agenda.

Closing out the week, new home sales are on the docket for Friday, Sept. 24.

 

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