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U.S. stock and bond markets will be closed on Monday for Memorial Day. A busy week of earnings reports and job-market data will follow.
Earnings highlights will include results from
Hewlett Packard Enterprise
and
HP
Inc.
on Tuesday, then
Advance Auto Parts
,
Chewy
,
and
Salesforce
on Wednesday.
Broadcom
,
Dell Technologies
,
Dollar General
,
and
Lululemon
Athletica will report on Thursday.
On Wednesday, the Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey for April. Economists are expecting a slight decline to 9.44 million job openings on the last business day of the month.
That’s ahead of Jobs Friday. The BLS is expected to report a gain of 200,000 nonfarm payrolls in May, after a 253,000 increase in April. The unemployment rate is expected to tick up by a tenth of a point, to 3.5%.
Other economic data to watch this week include the Conference Board’s Consumer Confidence Index for May on Tuesday and the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for May on Thursday.
Monday 5/29
Equity and fixed-income markets are closed in observance of Memorial Day.
Tuesday 5/30
Hewlett Packard Enterprise, HP Inc., and U-Haul Holding report quarterly results.
S&P CoreLogic releases its Case-Shiller National Home Price Index for March….
..