Markets

Payrolls release is front and center

Non-farm payrolls dominate today's agenda.

Due at 8:30 a.m. ET, the report is expected to show 218,000 jobs were added last month, up from March's hugely disappointing 126,000 reading. Economists also forecast the unemployment rate will fall to 5.4 percent from 5.5 percent.

German industrial production and trade figures are also due earlier in the session and Chinese inflation data comes out in the evening.

NRG Energy, JD.com, WhiteWave Foods, and Horizon Pharma report earnings as well.

Next week's calendar is much quieter. The only event Monday is a meeting between Greek leaders and European creditors. Actavis and Dish Network announce results before the opening bell. MBIA and Penn Virginia follow in the afternoon.

Tuesday brings Chinese loan data and a speech by Esther George, president of the Kansas City Federal Reserve. Encana reports in the pre-market and Zillow follows after the close.

Wednesday is heavy on international data: Chinese industrial production and retail sales, then German and European gross domestic product. Germany's Zew sentiment index is also scheduled. Domestic reports include mortgage applications, monthly retail sales, and crude-oil inventories. Macy's issues numbers in the morning, while Cisco Systems and J.C. Penney are scheduled for the afternoon.

Thursday features initial jobless claims, producer prices and natural-gas inventories. Japanese gross domestic product follows late in the evening. Kohl's reports before the opening bell, while Applied Materials, Nordstrom, and Symantec follow after the close.

The week concludes Friday morning with the New York Fed's Empire index, industrial production, capacity utilization, and consumer sentiment. Petrobras reports in the afternoon.

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

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.


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

In This Story

SPX

Other Topics

Options