The new year is off to a busy start, with the minutes of the last Fed meeting to be released on Wednesday and December’s jobs report due on Friday.
Monsanto is among the few large-cap companies posting earnings this week, and it’s expected to report that earnings per share fell to almost half that of the year-earlier period.
What follows are calendar highlights for the week. (All times are Eastern Standard Time; forecasts by analysts/economists polled by Zacks Investment Research.)
Federal Reserve Events
Wednesday, Jan. 7
Federal Open Market Committee minutes released, 2 p.m.
Economic Reports
Monday, Jan. 5
Motor Vehicle Sales
Tuesday, Jan. 6
Factory Orders, 10 a.m.
ISM Non-Manufacturing Index, 10 a.m.
Wednesday, Jan. 7
ADP Employment Report, 8:15 a.m.
International Trade, 8:30 a.m.
EIA Petroleum Status Report, 10:30 a.m.
Thursday, Jan. 8
Jobless claims, 8:30 a.m.
Friday, Jan. 9
Employment Situation, 8:30 a.m.
Company Earnings
Tuesday, Jan. 6
Micron Tech (Consensus estimate: 92 cents a share vs 77 cents a year earlier)
Sonic Corp. (16 cents vs 13 a year earlier)
Wednesday, Jan. 7
Family Dollar Stores (60 cents vs 68 cents)
Monsanto Co. (34 cents vs 67 cents)
Thursday, Jan. 8
Bed Bath & Beyond ($1.19 vs $1.12)
Best wishes,
The Money and Markets Team
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