The incoming week will be mostly quiet on the economic front, though traders will be eyeing the S&P flash U.S. services and manufacturing purchasing managers' index (PMI) readings for April. Earnings season will be in full swing, with several notable reports due out.
Airliners will be in focus, with reports dues from Alaska Air (ALK), American Airlines (AAL), Boeing (BA), Southwest Airlines (LUV), and United Airlines (UAL). Blue-chip names will also make an appearance, with 3M (MMM), American Express (AXP), IBM (IBM), Procter & Gamble (PG), and UnitedHealth Group (UNH) on the docket. Results from Snap (SNAP), Tesla (TSLA), Intel (INTC), Freeport McMoRan (FCX), and Texas Instruments (TXN) are expected as well.
Below is the schedule of key market events for the week ahead. All economic dates are tentative and subject to change.
Nothing of note is scheduled for Monday, April 20.
Tuesday, April 21 will bring retail sales, business inventories, leading economic indicators, and pending home sales.
Wednesday, April 22 will be a quiet day, with no economic indicators on tap.
On Thursday, April 23, jobs data and the S&P flash U.S. services and manufacturing PMI readings are due.
Consumer sentiment will close out the week on Friday April 24.
