Earnings from Adobe, FedEx and Lennar are on the docket
While the earnings docket may look a bit bare, there will be plenty of economic data for investors unpack over the next week. The latest Federal Open Market Committee (FOMC) interest rate decision, oil market reports, as well as fresh manufacturing, industrial production and retail sales data are just a few of the ticket items that could impact the market. A couple of big names will step into the earnings confessional, too, including Adobe (ADBE), FedEx (FDX) and Lennar (LEN).
Below is a brief list of some key market events and a few high-profile earnings releases 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.
The week will kick off on Monday, September 14 with the Organization of the Petroleum Exporting Countries (OPEC) monthly oil market report, which covers issues affecting the global oil market and provides an outlook for the year. That same day, LEN will report earnings.
Things will heat up on Tuesday, September 15, with the International Energy Agency (IEA) monthly oil market report, as well as export and import prices, manufacturing and industrial production data. The Fed's meeting will begin later that day, too. The earnings docket will feature ADBE, FDX, and Hertz Global (HTZ).
By Wednesday, September 16, the focus will completely shift to the Federal Open Market Committee's (FOMC) latest interest rate decision, as well as retail sales and business inventories data. There are no earnings reports of note, but Fed Chair Jerome Powell will give virtual remarks at 2:00 p.m ET.
Thursday, September 17, will feature the Philadelphia Federal Reserve Manufacturing Index, as well as building permits and housing starts data. There are no corporate reports to monitor.
Finally on Friday, September 18, attention will shift to consumer sentiment and inflation data. No earnings of note are on tap.