Busy Week Of Earnings & Economic Data Ahead
Weekly Calendar
Monday 🌞
Economic Data 📊: Dallas Fed manufacturing activity, July (-14.2 expected, -15.1 prior)
Earnings 📈: McDonald’s (MCD), Philips (PHG), Tilray (TLRY)
Tuesday 🤝
Economic Data 📊: S&P CoreLogic 20-city year-over-year NSA, May (7.2% prior); Conference Board consumer confidence, July (99.7 expected, 100.4 prior); JOLTS job openings, June (8.14 million prior); Dallas Fed services activity, (-4.1 prior)
Earnings 📈: Microsoft (MSFT), Advanced Micro Devices (AMD), BP (BP), Caesars Entertainment (CZR), Electronic Arts (EA), First Solar (FSLR), JetBlue (JBLU), Marathon Petroleum Corporation (MPC), Merck (MRK), Pinterest (PINS), Pfizer (PFE), Procter & Gamble (PG), Starbucks (SBUX), SoFi (SOFI)
Wednesday 📊
Economic Data 📊: MBA Mortgage Applications, week ended July 26 (-2.2% prior); ADP private payrolls, July (+168,000 expected, +150,000 prior); Minnesota Chicago PMI, July (44.0 expected, 47.4 prior); Employment cost index, second quarter (1.0% expected, 1.2% prior); Federal Reserve monetary policy decision (no interest rate change expected)
Earnings 📈: Meta (META), Altria (MO), Arm (ARM), Boeing (BA), Carvana (CVNA), Generac (GNRC), Humana (HUM), The Kraft Heinz Company (KHC), Mastercard (MA), Norwegian Cruise Lines (NCLH), Paycom (PAYC), Qualcomm (QCOM)
Thursday 📈
Economic Data 📊: Challenger jobs cuts, year-over-year, July, (+19.8% prior); Unit labor costs, second quarter (+4% prior); Nonfarm productivity, fourth quarter (+1.6% expected, +5.2% prior); Initial jobless claims, week ending July 27 (235,000 prior); S&P Global US manufacturing PMI, July final (49.5 prior); Construction spending, month-over-month, July (+0.2% expected, -0.1% prior); ISM manufacturing, July (49 expected, 48.5 prior); ISM prices paid, July (52.1 prior)
Earnings 📈: Apple (AAPL), Amazon (AMZN), Block (SQ), Booking Holdings (BKNG), Canada Goose (GOOS), Coinbase (COIN), ConocoPhillips (COP), Crocs (CROX), DraftKings (DKNG), Marathon Digital Holdings (MARA), Mobileye (MBLY), Moderna (MRNA), Roku (ROKU), SiriusXM (SIRI), Wayfair (W)
Friday 🎉
Economic Data 📊: Nonfarm payrolls, July (+175,000 expected, +206,000 prior); Unemployment rate, January (4.1% expected, 4.1% previously); Average hourly earnings, month-over-month, July (+0.3% expected, +0.3% prior); Average hourly earnings, year-over-year, July (+3.7% expected, +3.9% prior); Average weekly hours worked, July (34.4 expected, 34.3 prior); Labor force participation rate, July (62.6% previously); Factory orders, June (+0.5% expected, -0.5% prior); Durable goods orders, June final (-6.6% prior)
Earnings 📈: Chevron (CVX), Exxon Mobil (XOM)