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发帖数: 197 | 1 Corporate earnings kick off this week, with results from Alcoa, Costco and
PepsiCo on deck.
Monday: The National Association of Realtors' pending home sales index, a
measure of sales contracts for existing homes, is due before the start of
trading and is expected to have risen 1% in August after rising 5.2% in July.
Factory orders are due from the Commerce Department. Orders are expected to
have fallen 0.4% in August after rising 0.1% in July.
Tuesday: The Institute for Supply Management's services sector index for
September is due in the morning and is expected to have edged up to 51.8
from 51.5 in August. Any number above 50 indicates growth in the sector.
Wednesday: In addition to reports on employment from ADP and Challenger, the
U.S. government's weekly crude oil inventories report is due in the morning.
Costco is scheduled to release its third-quarter results before the opening
bell. Analysts are expecting the company to post earnings of 95 cents a
share.
A report from the Mortgage Bankers Association on the number of applications
for mortgages is also on tap.
Thursday: In addition to the Department of Labor's report on jobless claims,
the August consumer credit report from the government is due in the
afternoon.
Credit is expected to have fallen by $3 billion after slipping $3.6 billion
in July.
PepsiCo is on tap to report earnings before the start of trading. Economists
expect the company to book earnings of $1.22 a share.
After the market close, Alcoa is slated to release its third quarter results
, expected to report earnings of 6 cents a share.
Friday: In addition to the big jobs report, the Commerce Department releases
the wholesale inventories report in the morning. Inventories are expected
to have risen 0.4% in August after jumping 1.3% in July. |
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