What’s Happening in the Markets This Week

Economic Releases Scheduled for the Coming Week

Tuesday, May 5

• April ISM Services PMI: FactSet Consensus 54.0 vs. 54.0 in March
• March Job Openings and Labor Turnover Survey: FactSet Consensus 6,625,000 vs. 6,882,000 in February
• March New Home Sales (seasonally adjusted annual rate): FactSet Consensus 700,000

Wednesday, May 6

• April ADP Employment Survey: FactSet Consensus 95,000 vs. 62,000 in March

Thursday, May 7

• Initial Unemployment Insurance Claims report for the week ended May 2: FactSet Consensus 205,000 vs. 189,000 for the week ended April 25
• March Construction Spending (month to month): FactSet Consensus 0.50%
• March Consumer Credit: FactSet Consensus $12.9 billion vs. $9.5 billion in February

Friday, May 8

• April Employment Situation Report
  • Nonfarm Payrolls: FactSet Consensus 60,000 vs. 178,000 in March
  • Unemployment Rate: FactSet Consensus 4.3% vs. 4.3% in March
  • Average Workweek: FactSet Consensus 34.3 vs. 34.2 in March
  • Hourly Earnings (month to month): FactSet Consensus 0.3% vs. 0.2% in March
• May Preliminary University of Michigan Index of Consumer Sentiment: 51.0 vs. 49.8 in April

Company Earnings

• Monday, May 4: Paramount Skydance PSKY, Palantir PLTR
• Tuesday, May 5: Energy Transfer ET, Pfizer PFE
• Wednesday, May 6: CVS Health CVS, Uber Technologies UBER, The Walt Disney Co. DIS, Occidental Petroleum OXY, Snap SNAP
• Thursday, May 7: Albemarle ALB
• Friday, May 8: Groupon GRPN