HK Weekly Recap & Analysis May 2nd, 2022
The Week Ahead (May 2nd – May 6th)
Key Economic Data Releases to watch
THE WEEK AHEAD & EARNINGS
Monday – 05/02/2022
S&P Global US manufacturing PMI (final) - 9:45 AM ET
ISM manufacturing index - 10 AM ET
Construction spending - 10 AM ET
AM Earnings: Moody's Corp (MCO), Enterprise Products Partners (EPD), Global Payments Inc (GPN), WEC Energy Group (WEC), ON Semiconductor (ON), Loews Corp (L), CAN Financial Corp (CAN), Saia Inc (SAIA), Affiliated Managers (AMG), Park Hotels & Resorts (PK)
PM Earnings: Nutrien Ltd (NTR), NXP Semiconductors NV (NXPI), Williams Companies (WMB), Devon Energy Corp (DVN), Arista Networks (ANET), Expedia (EXPE), Mosaic Company (MOS), Avis Budget Group (CAR), Logitech International (LOGI), MGM Resorts (MGM )
Tuesday – 05/03/2022
Job openings - 10 AM ET
Quits - 10 AM ET
Factory orders - 10 AM ET
Core capital goods orders (revision) - 10 AM ET
Motor vehicle sales (SAAR) - Varies
AM Earnings: Pfizer Inc (PFE), Estee Lauder (EL), S&P Global Inc (SPGI), BP plc (BP), Illinois Tool Works (ITW), Fidelity National Information (FIS), Eaton Corp (ETN), Thomson Reuters Corp (TRI), Hilton Worldwide Holdings (HLT), Biogen Inc (BIIB)
PM Earnings: Advanced Micro Devices (AMD), Airbnb (ABNB), Starbucks (SBUX), Public Storage (PSA), American International Group (AIG), Prudential Financial (PRU), Waste Connections (WCN), Verisk Analytics (VRSK), ONEOK, Inc (OKE), Skyworks Solutions (SWKS)
Wednesday – 05/04/2022
ADP employment report - 8:15 AM ET
International trade balance - 8:30 AM ET
S&P Global US services PMI (final) - 9:45 AM ET
ISM services index - 10 AM ET
FOMC Statement - 2 PM ET
Fed Chair Jerome Powell news conference - 2:30 AM ET
AM Earnings: CVS Health (CVS), Regeneron Pharma (REGN), Marriot International (MAR), Moderna Inc (MRNA), Emerson Electric Company (EMR), Barrick Gold Corp (GOLD), Wingstop (WING), IDEXX Lab (IDXX), Yum! Brands (YUM), CDW Corp (CDW)
PM Earnings: Booking Holdings (BKNG), Uber Tech (UBER), Pioneer Natural Resources (PXD), MetLife (MET), Fortinet Inc (FTNT), Realty Income Corp (O), Corteva (CTVA), Allstate Corp (ALL), Energy Transfer (ET), EBay (EBAY)
Thursday – 05/05/2022
Initial jobless claims – 8:30 AM ET
Continuing jobless claims – 8:30 AM ET
Productivity (SAAR) - 8:30 AM ET
Unit labor costs (SAAR) - 8:30 AM ET
AM Earnings: ConocoPhillips (COP), Anheuser-Busch (BUD), Zoetis Inc (ZTS), Becton Dickinson (BDX), Dominion Energy (D), Intercontinental Exchange (ICE), Air Products and Chemicals (APD), Shopify (SHOP), Datadog (DDOG), Royal Caribbean (RCL)
PM Earnings: Block (SQ), EOG Resources (EOG), Vertex Pharma (VRTX), McKesson Corp (MCK), Illumina Inc (ILMN), Republic Services Inc (RSG), Lucid Group (LCID), Cloudflare (NET), DoorDash (DASH), Bill.com (BILL)
Friday – 05/06/2022
Nonfarm payrolls - 8:30 AM ET
Unemployment rates - 8:30 AM ET
Average hourly earnings - 8:30 AM ET
Labor force participation rate, 25-54 - 8:30 AM ET
Consumer credit - 3 PM ET
AM Earnings: Enbridget Inc (ENG), Cigna Corp (CI), TELUS Corp (TU), DraftKings (DKNG), Vistra Corp (VST), The AES Corp (AES), NRG Energy (NRG), Fluor Corp (FLR), Cinemark (CNK), Marcus & Millichap (MMI)
