Economic Data
Tuesday
FHFA House Pricing Index, month-over-month, March (2.0% expected, 2.1% during prior month)
House Price Purchasing Index, quarter-over-quarter, Q1 (3.3% during prior quarter)
S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, March (1.90% expected, 2.39% during prior month)
S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, March (19.85% expected, 20.20% during prior month)
S&P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, March (19.80% during prior month)
MNI Chicago PMI, May (55.5 expected, 56.4 during prior month)
Conference Board Consumer Confidence, May (103.5 expected, 107.4 during prior month)
Conference Board Present Situation, May (152.6 during prior month)
Conference Board Expectations, May (77.2 during prior read)
Dallas Federal Reserve Manufacturing Activity, May (1.5 expected, 1.1 during prior month)
Wednesday
MBA Mortgage Applications, week ended May 27 (-1.2% during prior week)
S&P Global U.S. Manufacturing PMI, May final (57.5 expected, 57.5 during prior month)
Construction Spending, month-over-month, April (0.6% expected, 0.1% during prior month)
ISM Manufacturing, May (54.5 expected, 55.4 during prior month)
ISM Prices Paid, March (80 expected, 84.6 prior month)
ISM New Orders, May (53.5 during prior month)
ISM Employment, May (50.9 during prior month)
JOLTS job openings, April (11.400 million expected, 11.549 million during prior month)
WARDS Total Vehicle Sales, May (14.30 million expected, 14.29 million prior month)
Federal Reserve Releases Beige Book
Thursday
Challenger Job Cuts, year-over-year, May (6.0% during prior month)
ADP Employment Change, May (300,000 expected, 247,000 during prior month)
Nonfarm Productivity, Q1 final (-7.5% expected, 7.5% during prior month)
Unit Labor Costs Q1 final (11.6% expected, 11.6% final)
Initial Jobless Claims, week ended May 28 (210,000 expected, 210,000 during prior week)
Continuing Claims, week ended May 21 (1.346 million expected, 1.346 million during prior week)
Factory Orders Excluding Transportation, April (2.5% during prior month, revised to 2.1%)
Factory Orders, April (0.7 expected, 2.2% during prior month, revised to 1.8%)
Durable goods orders, April final (0.4% expected, 0.4% during prior month)
Durables excluding transportation, April final (0.3% during prior month)
Non-defense capital goods orders excluding aircraft, April final (0.3% during prior month)
Non-defense capital goods shipments excluding aircraft, April final (0.5% expected, 0.8% during prior month)
Friday
Change in Nonfarm Payrolls, May (325,000 expected, 428,000 during prior month)
Change in Private Payrolls, May (303,000 expected, 406,000 during prior month)
Change in Manufacturing Payrolls, May (37,000 expected, 55,000 during prior month)
Unemployment Rate, May (3.5% expected, 3.6% during prior month)
Average Hourly Earnings, month-over-month, May (0.4% expected, 0.3% during prior month)
Average Hourly Earnings, year-over-year, May (5.2% expected, 5.5% prior month)
Average Weekly Hours All Employees, May (34.6 expected, 34.6 during prior month)
Labor Force Participation Rate, May (62.3% expected, 62.2% during prior month)
Underemployment Rate, March (7.0% prior month)
S&P Global Manufacturing PMI, May final (53.5 expected, 53.5 during prior month)
S&P Global U.S. Composite PMI, May final (53.8 expected, 53.8 during prior month)
ISM Services Index (56.5 expected, 57.1 during prior month)
Earnings Reports
Tuesday
Before market open: Kirkland’s (KIRK)
After market close: HP (HPQ), Salesforce.com (CRM), Victoria’s Secret (VSCO), ChargePoint (CHPT), Ambarella (AMBA)
Wednesday
Before market open: No notable reports scheduled for release.
After market close: GameStop (GME), Chewy (CHWY), PVH (PVH), Hewlett Packard Enterprises (HPE), Pure Storage (PSTG), American Superconductor (AMSC)
Thursday
Before market open: Hormel Foods (HRL)
After market close: Lululemon (LULU), Okta (OKTA)
Friday
No notable reports scheduled for release.
