Services kick off quiet week of data


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This week's calendar is relatively quiet, with few big events standing out.

The Institute for Supply Management's service-sector report at 10 a.m. ET is the only economic report scheduled for today. Economists expect a reading of 54, up from 53.1 in the previous month.

Pfizer, Occidental Petroleum, and Tyson Foods report earnings before the opening bell. American International Group, Anadarko Petroleum, and Tenet Healthcare follow in the afternoon.

Tomorrow brings European retail sales and the U.S. trade balance for March. Mosaic, Emerson Electric, NRG Energy, and Zoetis release their numbers in the morning. Walt Disney, Allstate, First Solar, Whole Foods Market and Electronic Arts announce after the closing bell.

Wednesday's big item is Federal Reserve Chair Janet Yellen's appearance on Capitol Hill. Weekly mortgage applications also come out in the morning and Chinese trade numbers follow in the evening. Allergan, Humana, Twenty-First Century Fox, and Cognizant Technology report in the morning, followed in the afternoon by Green Mountain Coffee Roasters, Prudential Financial, Avis Budget, and SolarCity.

Thursday features retailers' monthly same-store sales, the European Central Bank's monetary announcement and initial jobless claims. Yellen also returns to Congress. reports in the morning. CBS, Nvidia, Monster Beverage, and Symantec follow in the afternoon.

Friday has no economic reports, but it does bring earnings from Ralph Lauren, NorthStar Realty, and Stratasys.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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