The earnings slate is quiet heading into 2020
The end of 2019 and beginning of 2020 will be quiet on both the earnings and economic fronts. While Chinese truck and auto manufacturer Nio (NIO) is scheduled to release its quarterly report on Monday, Dec. 30, the Chicago purchasing managers index (PMI), consumer confidence, and construction spending will also be in focus throughout the holiday-shortened week.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
On Monday, Dec. 30, pending home sales and the Chicago purchasing managers index (PMI) will be released. For earnings, NIO (NIO) is on the docket.
The S&P CoreLogic/Case Shiller home price index and consumer confidence index will hit on Tuesday, Dec. 31. Meanwhile, no earnings are expected and markets will maintain regular operating hours for the New Year's Eve holiday.
The stock market will be closed Wednesday, Jan. 1, for New Year's Day. Weekly jobless claims, weekly crude inventories, and the Markit manufacturing PMI will roll in on Thursday, Jan 2. For Friday, Jan. 3, the Institute for Supply Management (ISM) manufacturing index, construction spending, and motor vehicle sales data is due out. No notable earnings are expected on Thursday or Friday.