Read the key events to monitor for the week which starts on May 17, 2021.
Heading into next week, investors will see whether the market can continue its rally after tech and some growth names steadied and inflation fears subsided Thursday and Friday.
The Fed releases minutes from its last meeting Wednesday, and there are a number of central bank speakers. This is especially important after April’s consumer inflation was hotter than expected.
Big retailers, like Walmart and Home Depot, release earnings in the week ahead, and there is a batch of housing-related data.
WEEK AHEAD CALENDAR
Monday
Earnings: Hostess Brands, Lordstown Motors, Tencent
Macro: US: Empire manufacturing, NAHB index,
Monetary policy:
Fed Vice Chairman Richard Clarida at Atlanta Fed conference, Dallas Fed President Rob Kaplan
Tuesday
Earnings: Walmart, Home Depot, Macy’s, Baidu, Take-Two Interactive, Trip.com, NetEase
Macro:
US: Housing starts
Monetary policy:
Dallas Fed President Rob Kaplan
Wednesday
Earnings: Target, Lowe’s, JD.Com, Cisco, Shoe Carnival, TJX, Eagle Materials, Analog Devices, L Brands
Monetary Policy:
St. Louis Fed President James Bullard on economy and monetary policy, FOMC minutes
Thursday
Earnings: BJ’s Wholesale, Kohl’s, Petco, Ralph Lauren, Applied Materials, Ross Stores, Deckers Outdoor, Hormel Foods, Palo Alto Networks
Macro:
US: Initial jobless claims, Philadelphia Fed, Leading indicators
Monetary Policy: St. Louis Fed’s Bullard, Dallas Fed’s Kaplan
Friday
Earnings: Deere, Foot Locker, Buckle, VF Corp, Booz Allen Hamilton
Macro
US: Markit Manufacturing PMI, Markit Services PMI, Existing home sales
Monetary Policy
Dallas Fed’s Kaplan, Atlanta Fed’s Bostic, and Richmond Fed President Thomas Barkin on a panel, San Francisco Fed President Mary Daly
Source: CNBC, Investopedia
