While the economic calendar is rather light, there are still a few noteworthy earnings releases
After a busy last week of November, the first full week of December is shaping up to be rather tame. A pair of speeches from regional Fed presidents will take focus on Monday, and while the economic and earnings fronts are relatively light, quarterly reports from home builder Toll Brothers (TOL), big-box retailer Costco (COST) and yoga apparel maker Lululemon Athletica (LULU) should be enough to whet traders' appetites.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
The week kicks off on Monday, Dec. 5, with speeches from New York Fed President William Dudley and Chicago Fed President Charles Evans. On the data front, the Institute for Supply Management's (ISM) non-manufacturing index will be released shortly after the open. GW Pharmaceuticals (GWPH) will report earnings.
On Tuesday, Dec. 6, international trade data will be released, along with third-quarter productivity and labor costs, and factory orders for October. For earnings, AutoZone (AZO), Bob Evans (BOBE), Conn's (CONN), Dave & Busters (PLAY), Francesca's (FRAN), and TOL will report.
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Wednesday, Dec. 7, followed by the regularly scheduled update on domestic crude inventories. COST highlights the day's earnings slate, while H&R Block (HRB), LULU, Ollie's Bargain Outlet (OLLI), and Vera Bradley (VRA) will also report.
Thursday, Dec. 8 will bring only weekly jobless claims on the economic front. The earnings calendar will consist of Broadcom (AVGO), Ciena (CIEN), Finisar (FNSR), and Yingli Green Energy (YGE).
The week will wrap up on Friday, Dec. 9 with the Thomson Reuters/University of Michigan consumer sentiment survey and October's wholesale inventories report. Ferrellgas Partners (FGP) and Vail Resorts (MTN) will release earnings.
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