Week Ahead on Wall Street: Case Shiller Home Prices, Consumer Sentiment, Nike Earnings

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Events from Europe will be at the forefront for this week’s market. Spain’s bank-bailout plan will now include details and on Monday, the country will apply to the European Union for banking sector aid. A positive outcome for Spain’s woes will be if the country’s banks agree to a plan that has its preferred stocks converted into common stocks.

Also coming from Europe this week is the two-day European Council meeting. It begins on Thursday in Brussels and there’s hope some sort of plan will be announced.

Back on the domestic front there’s some economic indicators and quarterly results to be reported. In addition, politics and business will come together as the the Supreme Court will rule on President Obama’s healthcare law this week–possibly on Monday.

Take a look.

Economic Numbers

Monday: May New Home Sales.

Tuesday: April S&P Case Shiller home prices index, June Consumer Confidence and June Richmond Fed manufacturing survey.

Wednesday: May durable goods orders and May pending home sales.

Thursday: Weekly jobless claims, First-quarter real GDP and June Kansas City Fed manufacturing survey.

Friday: May personal income, May consumer spending, June Chicago PMI and June Reuters/UMich consumer sentiment (final).

Earnings

Monday: Apollo Group (NASDAQ:APOL).

Tuesday: CKE Restaurants, Sealy (NYSE:ZZ), H&R Block (NYSE:HRB).

Wednesday: General Mills (NYSE:GIS), Lennar (NYSE:LEN), Monsanto (NYSE:MON), Paychex (NASDAQ:PAYX), McCormick (NYSE:MCK), Flow International (NASDAQ:FLOW).

Thursday: Research in Motion (NASDAQ:RIMM), Nike (NYSE:NKE), Accenture (NYSE:ACN), Family Dollar (NYSE:FDO), Smith & Wesson (NASDAQ:SWHC).

Friday: Constellation Brands (NYSE:STZ), Finish Line (NASDAQ:FINL), KB Home (NYSE:KBH).

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business