Next week will bring several closely watched economic reports, with investors eyeing fresh inflation data, housing market updates, and wholesale trade figures. Traders will be particularly focused on the latest consumer price index (CPI) and producer price index (PPI) readings for additional clues on the Federal Reserve's interest-rate path, while consumer sentiment data will provide insight into the health of the U.S. economy.
On the earnings front, Adobe (ADBE), Academy Sports and Outdoors (ASO), Chewy (CHWY), Dave & Buter's Entertainment (PLAY), J.M. Smucker (SJM), Lennar (LEN), Oracle (ORCL), Stitch Fix (SFIX), and United Natural Foods (UNFI) are all scheduled to report.
Below is the schedule of key market events for the week ahead. All economic dates are tentative and subject to change.
On Monday, June 8, there are no major economic reports scheduled.
Tuesday, June 9, brings the NFIB Small Business Optimism Index, wholesale inventories, and existing home sales.
Wednesday, June 10, features the closely watched CPI and core CPI data, as well as the monthly Treasury budget statement.
For Thursday, June 11, we will see weekly jobs data, PPI data, core PPI readings excluding food and energy, and personal consumption data.
Friday, June 12, rounds out the week with the preliminary University of Michigan consumer sentiment survey.
