After a busy couple of weeks, including a GDP update and a rate cut from the Federal Open Market Committee (FOMC), the calendar turns to October with more economic data coming into view. A few notable earnings reports are on the agenda for next week, including Cal-Maine Foods (CALM), Carnival (CCL), Conagra Brands (CAG), Paychex (PYX), and Vail Resorts (MTN), but the one to watch will undoubtedly be Nike (NKE).
Below is the schedule of key market events for the week ahead. All economic dates are tentative and subject to change.
Monday, Sep. 29, will set the tone for the rest of the week, starting with an early morning address from the Cleveland Fed President Beth Hammack, followed by August pending home sales data.
With it being the final day of the month, Tuesday, Sep. 30 will go out with a bang, bringing with it remarks from the Chicago Fed president and more economic data than analysts will be able to handle; the Chicago Business Barometer, September consumer confidence, August job openings, and the S&P Case-Shiller home price index.
If you feel a chill in the air on Wednesday, Oct. 1, it won't just be fall settling in -- it'll be the wave of new data set for release, headlined by September's ISM manufacturing report. Also on tap are August construction spending, ADP employment, the final S&P U.S. manufacturing PMI, and September auto sales.
After a busy set of days, Thursday, Oct. 2, will bring a much-needed lull, with the schedule defined by late-September jobless claims and August factory orders.
Activity picks back up on Friday, Oct. 3, with a slew of September data, including employment results, wage figures, the final S&P U.S. services PMI, and ISM services.