Q2 STOCKS TO BUY

First Full Week of April Buzzing With Fed Update, Jobs Data

The FOMC's latest meeting minutes will be due out on Wednesday

Digital Content Manager
Mar 31, 2021 at 4:15 PM
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Investors will come back from a long Easter weekend to plenty of economic data during the first full week of April. Data on factory orders, consumer credit, the trade deficit, and job openings could potentially move markets throughout the week, while traders' focus will also be directed toward the Federal Open Market Committee's (FOMC) meeting minutes on Wednesday. The earnings calendar, meanwhile, is nearly bare, though, Conagra (CAG), Constellation Brands (STZ), JinkoSolar (JKS) and Levi Strauss (LEVI) will all make appearances in the earnings confessional. 

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

Monday, April 5 will kick off the week with plenty of economic data for investors to unpack, including the Markit services purchasing managers' index (PMI), the ISM non-manufacturing employment report for March, the ISM non-manufacturing PMI, as well as factory orders for March.

On Tuesday, April 6 the latest job openings numbers will be due out. 

Wall Street will keep an eye on February's trade deficit data, as well as consumer credit  data on Wednesday, April 7. The FOMC meeting minutes will also be released that afternoon.

Another round of initial and continuing jobless claims will be released on Thursday, April 8.  

The week will come to a close on Friday, April 9, with the producer price index (PPI) and wholesale inventories on tap. 

 
 

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