Richmond Fed only report on docket
David Russell | firstname.lastname@example.org
Today's economic calendar remains light, with corporate earnings likely to matter more than macro data.
Industrial conglomerate 3M and chemicals giant DuPont, both members of the Dow Jones Industrial Average, will issue results before the bell. Social-media giant Facebook and network-technology stalwart Juniper Networks follow in the afternoon.
The only economic data will be the Richmond Fed's monthly index of economic activity in its district. Scheduled for 10 a.m. ET, the report generally covers too limited an area to have a significant impact on broad sentiment.
The calendar picks up tomorrow, with key European data scheduled for the early morning and the Federal Reserve's interest-rate decision in the afternoon.
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.
Equities pull back after record close
May 20, 2013
S&P 500 futures are down two-tenths of a percent. European indexes have been falling modestly since the open and remain little-changed overall. Asian markets rallied overnight, led by Hong Kong and Tokyo.