Market Overview

Economic Data Scheduled For Tuesday

  • The Federal Open Market Committee will begin its two-day policy meeting today.
  • The NFIB small business optimism index is scheduled for release at 6:00 a.m. ET. The NFIB’s index is projected to increase 1.1 points to a reading of 92.0 for May.
  • The Johnson Redbook Retail Sales Index for the latest week is scheduled for release at 8:55 a.m. ET.
  • The Labor Department's JOLTS report for April is scheduled for release at 10:00 a.m. ET. Job openings are estimated expected to drop to 5.75 million in April from 6.191 million in March.
  • Data on wholesale inventories for April will be released at 10:00 a.m. ET. Wholesale inventories are expected to rise 0.4% in April.
  • The Treasury is set to auction 10-year notes at 1:00 p.m. ET.

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