The week starting on August 3 will bring a bunch of interesting news. Not only will the market see companies like Walt Disney Co DIS, Priceline Group Inc PCLN, Tesla Motors Inc TSLA, Michael Kors Holdings Ltd KORS andGroupon Inc GRPN report their quarterly financial results, but also, an nice collection of US economic data will hit investors and analysts.
Let’s take a look at the calendar, courtesy of JPMorgan:
Monday
On Monday, numbers for personal income and spending for June will be released. In addition, investors will see the personal consumption expenditures (PCE) price index for June, the Institute of Supply Management Manufacturing index for July, construction spending figures for June, and auto sales for July.
Tuesday
On Tuesday, factory orders for June figures will hit the market.
Wednesday
On Wednesday, the ADP National Employment Report (a.k.a. the ADP Jobs Report) for July will come out, accompanied by the trade balance for June, and the Institute of Supply Management Non-Manufacturing index for July.
Friday
Finally, on Friday, the world will be able to access the Bureau of Labor Statistics’ July U.S. jobs report. Of course, this last figure is the most important of the week, JPMorgan analysts assure.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.