The Week Ahead

by Geoff Garbacz | 07/06/2020 5:51 PM

The NASDAQ 100, Dow Jones Industrial Average, Russell 2000 and S&P 100 were higher for the week.

1.Geopolitical and Fiscal Events. The Senate remains on recess through July 17th.

2.Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as ISM Non-Manufacturing Index and PPI.

3.Earnings Releases. Notable releases this upcoming week include PAYX LEVI SMPL BBBY WBA HELE SJR GBX.

Monday, July 6

June ISM Non-Manufacturing Index is due out at 10:00 a.m. EDT and expected to rise to 51 from 45.

Tuesday, July 7

The Reserve Bank of Australia announces its latest monetary policy decision on Tuesday night.

3 Year Treasury Note Auction at 1:00 p.m. EDT.

Wednesday, July 8

10 Year Treasury Note Auction at 1:00 p.m. EDT.

Thursday, July 9

30 Year Treasury Bond Auction at 1:00 p.m. EDT.

Friday, July 10

June PPI is due out at 8:30 a.m. EDT and expected to remain at 0.4%.

The latest short interest data for the NYSE and NASDAQ is due out after the close for the period of 6/11 through 6/26. During that period, the S&P 500 rose 0.23%.