Personal income and spending are the only items on the calendar
today, but next week's agenda is busier.
Both cover February and will be released at 8:30 a.m. ET.
Economists expect incomes to increase by 0.2 percent and spending
to rise 0.3 percent, compared with gains of 0.3 percent and 0.4
percent the previous month.
BlackBerry and Finish Line also report quarterly results before the
Next week brings several important events from around the world.
It starts with European inflation numbers early Monday, followed by
the Chicago purchasing managers index shortly after the start of
trading in the United States.
Chinese manufacturing purchasing managers indexes follow late
Monday night and European numbers come out early the next morning.
The Institute for Supply Management's manufacturing index later
Tuesday is the session's most important report. Construction
spending also comes out.
Wednesday's big event is ADP's private-sector payrolls report.
Monsanto also announces quarterly results.
Thursday brings global service-sector data, along with the European
Central Bank's interest-rate announcement and initial jobless
claims. Micron's earnings come out in the afternoon.
The week's biggest headline comes Friday morning when the U.S.
Labor Department releases March's non-farm payrolls report.
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