Barrick Gold, Coinbase Global, and Plug Power are on the earnings docket next week
Inflation data will be in focus next week. Investors will look over the consumer price index (CPI) as well as inflation expectations, which may offer clues as to the state of the economy and how the Federal Reserve's economic policy could change moving forward.
The earnings season is winding down, but some names will still report next week, including Acadia Pharmaceuticals (ACAD), Barrick Gold (GOLD), Baidu (BIDU), BioNTech (BNTX), Bumble (BMBL), Capri Holdings (CPRI), Coinbase Global (COIN), Digital Turbine (APPS), Groupon (GRPN), H&R Block (HRB), Palantir Technologies (PLTR), Plug Power (PLUG), Poshmark (POSH), Tyson Foods (TSN), and Wendy's (WEN).
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
The New York Federal Reserve three-year inflation expectations are due out on Monday, Aug. 8.
Productivity and unit labor costs data is due out on Tuesday, Aug. 9, in addition to the National Federation of Independent Business (NFIB) small-business index for July.
Wednesday, Aug. 10 brings the CPI and core CPI, revised wholesale inventories, and a federal budget update.
Initial and continuing jobless claims are on tap Thursday, Aug. 11, as is the producer price index (PPI).
The week is set to wrap up with the import price index on Friday, Aug. 12, which will be followed by the University of Michigan's (UM) preliminary consumer sentiment index and five-year inflation expectations.