Jobs data tops calendar this week
David Russell | firstname.lastname@example.org
This week's events calendar begins slowly, building to pivotal employment data on Friday. There are no major economic reports today.
German and Eurozone manufacturing numbers will be released early tomorrow morning, followed by the Institute of Supply Management's service-sector report at 10 a.m. ET.
The labor news begins on Wednesday with ADP's private sector report. Later that day investors will get factory orders and the Federal Reserve's Beige Book report.
Thursday features German manufacturers orders, February same-store sales for U.S. retailers, and weekly jobless claims. Japanese gross domestic product follows in the overnight session.
Monthly non-farm payrolls and unemployment data will be reported on Friday morning, one hour before the market opens.
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.