Fed events highlight week's calendar
David Russell | firstname.lastname@example.org
The economic calendar is relatively empty this week, with few scheduled events likely to affect sentiment.
The first report in the United States comes Wednesday at 12:30 p.m. ET, when the Federal Reserve announces monetary policy. Fed Chairman Ben Bernanke's press conference follows at 2:15 p.m. ET.
Before that release, Germany's ZEW survey of investor confidence comes out early Tuesday, which could potentially move European indexes.
The calendar gets busier on Thursday, with monthly retail sales and weekly jobless claims both scheduled for 8:30 a.m. ET. Producer prices will also be released that morning, followed by consumer prices and industrial production before the market opens on Friday.
Futures are lower as caution reigns
May 24, 2013
S&P 500 futures are down modestly after losses of half a percent to a full percentage point in Europe. Asian markets were mixed overnight, though Shanghai and Tokyo rebounded from yesterday's declines.
Global selloff hits equity indexes
May 23, 2013
S&P 500 futures are down almost 1 percent, while European indexes are lower by about 2 percent. The real declines came in Asia, where Japan's Nikkei plunged 7 percent and Hong Kong shed 2.5 percent.
Stocks keep climbing before Bernanke
May 22, 2013
S&P 500 futures are up about one-tenth of a percent ahead of the Fed chairman's appearance before Congress. Most European indexes are modestly lower but have been climbing in the last hour.
Bernanke fears weigh on sentiment
May 21, 2013
Now that employment, housing, and the global economy have improved, investors are growing nervous that the central bank will become less accommodative.
Corporate earnings lead the calendar
May 21, 2013
Corporate earnings are the main item on today's agenda as retailers Home Depot, Best Buy, Saks, and TJX report quarterly results.