Though lawmakers are optimistic that the government shutdown will soon come to an end, the White House said today that October jobs and inflation data reports might never be released due to impaired federal statistics. On the earnings front, next week will bring reports from Bath & Body Works (BBWI), BJ's Wholesale (BJ), Gap (GAP), Home Depot (HD), Lowe's (LOW), Nvidia (NVDA), Palo Alto Networks (PANW), Ross Stores (ROST), Target (TGT), TJX (TJX), and Walmart (WMT).
Below is the schedule of key market events for the week ahead. Please note that some data may not be available due to the government shutdown. All economic dates are tentative and subject to change.
The Empire state manufacturing survey is scheduled for Monday, Nov. 17.
The import price index is due out Tuesday, Nov. 18, along with industrial production data and the home builder confidence index.
Wednesday, Nov. 19 will bring housing starts, building starts, the Philadelphia Fed manufacturing survey, and the minutes from the Feder Open Market Committee's (FOMC) October meeting.
Weekly jobless claims data is due out on Thursday, Nov. 20, as well as existing home sales and leading economic indicators.
Friday, Nov. 21, features consumer sentiment data, S&P flash U.S. services purchasing managers' index (PMI), and S&P flash U.S. manufacturing PMI.
