The Week Ahead For April 15th to 19th: Shortened Week Ahead
The NASDAQ 100 was higher as were the S&P 100 and Russell 2000 while the Dow Jones Industrial Average was lower.
1.Geopolitical and Fiscal Events. Tuesday sees the Reserve Bank of Australia out with its latest announcement. Wednesday sees the Federal Reserve out with its latest Beige Book.
2.Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as Empire Manufacturing, Industrial Production, NAHB Housing Index, Federal Reserve Beige Book, Retail Sales, Philadelphia Fed Index and Leading Indicators.
3.Earnings Releases. Notable releases this upcoming week include C GS JNJ BAC PEP ABT TSM PM.
Monday, April 15
April Empire Manufacturing Index is due out at 8:30 a.m. EDT and are expected to rise to 9.0 from 3.7.
Tuesday, April 16
The Reserve Bank of Australia is out with its latest announcement before the U.S. market opens on Tuesday morning.
March Industrial Production is due out at 9:15 a.m. EDT and expected to rise to 0.2% from 0.1%
April NAHB Housing Market Index is due out at 10:00 a.m. EDT and is expected to rise to 63 from 62.
Wednesday, April 17
April Federal Reserve Beige Book is due out at 2:00 p.m. EDT.
Thursday, April 18
March Retail Sales is due out at 8:30 a.m. EDT and is expected to rise to 0.9% from -0.2%.
April Philadelphia Fed Index is due out at 8:30 a.m. EDT and is expected to fall to 11 from 13.7.
March Leading Indicators are due out at 10:00 a.m. EDT and are expected to rise to 0.4% from 0.2%.
Friday, April 19
Markets are closed for Good Friday.