Read the key events to monitor for the week which starts on May 3, 2021.
There are dozens of earnings expected in the week ahead from General Motors and Pfizer to Uber, Draftkings and Beyond Meat.
April’s employment report Friday could show the economy added 1 million jobs, but a much “hotter” number could have investors wondering how long the Fed will stay on hold.
WEEK AHEAD CALENDAR
MondayMarket Holiday in the U.K. for Bank Holiday and in Japan for Constitution Day.
EarningsAvis Budget, Loews, Alexion Pharmaceuticals, Rambus, Leggett and Platt, Vornado, American Water, Iamgold, Mosaic, Apollo Global Management, ZoomInfo, Estee Lauder, ON Semiconductor
Macro
US: Monthly vehicle sales, Manufacturing PMI, ISM manufacturing, Construction spending, Senior loan officer survey
Europe: German Retail Sales, German Manufacturing PMI, French Manufacturing PMI, Italian Manufacturing PMI, Eurozone Manufacturing PMI
China: Caixin Manufacturing PMI (April)
Monetary Policy
New York Fed President John Williams, Fed Chairman Jerome Powell at National Community Reinvestment Coalition conference
Tuesday
Market Holiday in Japan for Greenery Day.
Earnings: Pfizer, CVS Health, ConocoPhillips, Martin Marietta Materials, Activision Blizzard, DuPont, KKR, T-Mobile, Akamai, Pioneer Natural Resources, Lattice Semiconductor, Denny’s, Hyatt Hotels, Host Hotels, PerkinElmer, Prudential Financial, Viavi, Caesars Entertainment, Thomson Reuters, Cummins, Vulcan Materials
Macro
US: Trade balance, Factory orders
U.K: Manufacturing PMI
Monetary Policy
Dallas Fed President Robert Kaplan, Minneapolis Fed President Neel Kashkari
Wednesday
Market Holidays in Japan and South Korea for Children's Day.
EarningsGeneral Motors, Hilton Worldwide, Booking Holdings, Fox Corp., Uber Technologies, Etsy, PayPal, Allstate, Accolade, Cognizant Technology, MetLife, Marriott Vacations, CF Industries, Marathon Oil, CyberArk Software, Emerson Electric, Amerisourcebergen, BorgWarner, Zynga, Tanger Factory Outlet, Twilio, Virgin Galactic.
Macro
US: ADP employment, Services PMI, ISM services
Europe: Eurozone Services PMI, German Services PMI, French Services PMI, Italian Services PMI
China: Caixin Services PMI
Japan: Services PMI
Thursday
Earnings Uber, Regeneron, ViacomCBS, Kellogg, Moderna, Murphy Oil, Beyond Meat, Shake Shack, Square, Roku, Axon, Cushman and Wakefield, Tapestry, Neilsen, AIG, Anheuser-Busch, EOG Resources, Consolidated Edison, DropBox, Expedia, Roku, Peloton Interactive, Datadog, Cardinal Health, Ambac Financial
MacroUS: Initial jobless claims, Productivity and costs
Europe: German Factory Orders, German IHS Market Construction PMI, Eurozone Retail Sales.
U.K: Services and Composite PMIs
China: Trade Balance
Monetary Policy
New York Fed’s John Williams, Dallas Fed’s Kaplan, Cleveland Fed President Loretta Mester, Atlanta Fed President Raphael Bostic.
Bank of England Interest Rate Decision and Monetary Policy Announcements.
Friday
EarningsCigna, Siemens, Gannett, AMC Networks, Draftkings, Liberty Broadband, Elanco Animal Health
Macro
US: Employment, Wholesale trade, Consumer credit
Europe: German Trade Balance, German Industrial Production
U.K: Construction PMI.
Japan: Household Spending
Sources: CNBC, Investopedia
