SamTrader1
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ECONOMIC NEWS
On the economic front, the pace of growth in the manufacturing sector picked up for the first time in 4 months in June.
However, consumer sentiment worsened in June amid jitters about the economic outlook, according to the Thomson Reuters/University of Michigan survey. Meanwhile, construction spending fell for a sixth straight month during May to its lowest in more than a decade.
THE WEEK AHEAD
MONDAY: All US markets closed for Independence Day
TUESDAY: Factory orders
WEDNESDAY: Weekly mortgage applications, Challenger job-cut report, ADP employment report, ISM non-mfg index, Obama townhall on economy, NYSE shareholders vote on DB merger
THURSDAY: Jobless claims, oil inventories, chain-store sales
FRIDAY: Non-farm payroll, wholesale trade, consumer credit
On the economic front, the pace of growth in the manufacturing sector picked up for the first time in 4 months in June.
However, consumer sentiment worsened in June amid jitters about the economic outlook, according to the Thomson Reuters/University of Michigan survey. Meanwhile, construction spending fell for a sixth straight month during May to its lowest in more than a decade.
THE WEEK AHEAD
MONDAY: All US markets closed for Independence Day
TUESDAY: Factory orders
WEDNESDAY: Weekly mortgage applications, Challenger job-cut report, ADP employment report, ISM non-mfg index, Obama townhall on economy, NYSE shareholders vote on DB merger
THURSDAY: Jobless claims, oil inventories, chain-store sales
FRIDAY: Non-farm payroll, wholesale trade, consumer credit