The week ahead: US "BIG" jobs report, PMI numbers and earnings in focus

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.


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


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


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


US: Trade balance, Factory orders
U.K: Manufacturing PMI

Monetary Policy

Dallas Fed President Robert Kaplan, Minneapolis Fed President Neel Kashkari


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. 


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


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. 


EarningsCigna, Siemens, Gannett, AMC Networks, Draftkings, Liberty Broadband, Elanco Animal Health


US: Employment, Wholesale trade, Consumer credit
Europe: German Trade Balance, German Industrial Production
U.K: Construction PMI.
Japan: Household Spending


Sources: CNBC, Investopedia