The first full week of August will give investors some respite in terms of economic data, with a much lighter schedule than the end of July. Wall Street will still have a handful of notable indicators to unpack, however, including services and consumer credit data.
Earnings season moves forward, with reports coming from Airbnb (ABNB), Bumble (BMBL), Caterpillar (CAT), DoorDash (DASH), DraftKings (DKNG), e.l.f. Beauty (ELF), Eli Lilly (LLY), Fastly (FSLY), Hims & Hers Health (HIMS), Lucid Group (LCID), Lyft (LYFT), McDonald's (MCD), Molson Coors Brewing (TAP), Mosaic (MOS), Pfizer (PFE), Shopify (SHOP), Snap (SNAP), Take-Two Interactive (TTWO), Toast (TOST), Uber Technologies (UBER), Under Armour (UAA), Upstart (UPST), and more.
Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.
Monday, Aug. 4 brings factory orders.
Trade deficit data, the S&P final U.S. services PMI, and Institute for Supply Management (ISM) services data are due out on Tuesday, Aug. 5.
There is no notable economic data scheduled out on Wednesday, Aug. 6.
In addition to weekly jobless claims, Thursday, Aug. 7 features productivity and consumer credit data, as well as wholesale inventories. Atlanta Federal Reserve President Raphael Bostic will also deliver remarks.
Friday, Aug. 8 is quiet as well, with no relevant economic indicators on tap.
