This week investors will have another opportunity to gauge what’s going on in manufacturing and with consumers from reports on U.S. retail spending and the Philadelphia Fed’s business outlook survey. Another area that market watchers will have their eyes on is the weekly jobless claims report, which has endured two weeks of increases.
Earnings season will be in full swing this week and next with the majority of S&P 500 companies and Dow components sharing their numbers. By month’s end, investors will have a good idea on how the first quarter turned out for companies.
Over in Asia, on Monday China’s central bank will broaden its daily yuan trading band against the U.S. dollar to 1 percent in either direction, up from 0.5 percent. This will be done to sustain the economy and keep the slowdown away.
Here’s a look at this week’s numbers and data.
Economic Data
Monday: New York Fed’s Empire State survey, Retail sales and Business inventories.
Tuesday: Housing starts, Building permits and Industrial production and capacity utilization.
Thursday: Jobless claims, Existing home sales, Philadelphia Fed manufacturing survey and Leading indicators.
Fed Speak
Monday: Cleveland’s Pinalto and St. Louis’ Bullard.
Earnings
Monday: Citigroup (NYSE:C), Charles Schwab (NYSE:SCHW) and Gannett (NYSE:GCI).
Tuesday: IBM (NYSE:IBM), Goldman Sachs (NYSE:GS), Coca-Cola (NYSE:KO), Johnson & Johnson (NYSE:JNJ), Intel (NASDAQ:INTC), Yahoo (NASDAQ:YHOO), Harley-Davidson Inc. (NYSE:HOG) and Intuitive Surgical Inc. (NASDAQ:ISRG).
Wednesday: American Express (NYSE:AXP), eBay (NASDAQ:EBAY), Abbott Labs (NYSE:ABT), Yum Brands (NYSE:YUM), Qualcomm Inc. (NASDAQ:QCOM), Texas Instruments (NYSE:TXN) and Freeport-McMoran Cooper & Gold Inc. (NYSE:FCX).
Thursday: Microsoft (NASDAQ:MSFT), Travelers (NYSE:TRV), Bank of America (NYSE:BAC), DuPont (NYSE:DD), New York Times (NYSE:NYT), Morgan Stanley (NYSE:MS), Nokia (NYSE:NOK), Philip Morris International Inc. (NYSE:PM), United Health Group Inc. (NYSE:UNH), Verizon Communications (NYSE:VZ), Chipotle Mexican Grill (NYSE:CMG), Capital One Financial Group (NYSE:COF), SanDisk Corp. (NASDAQ:SNDK) and Wynn Resorts Ltd. (NASDAQ:WYNN).
Friday: General Electric (NYSE:GE), McDonalds (NYSE:MCD), Schlumberger (NYSE:SLB), Honeywell International Inc. (NYSE:HON) and Under Armour Inc. (NYSE:UA).
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